Blog on the Run: Reloaded

Wednesday, September 23, 2009 10:42 pm

Finally, some regulatory action

Filed under: I want my money back. — Lex @ 10:42 pm
Tags: , , ,

Maybe it was the pretty pictures.

But whatever it was, the SEC has finally awakened to at least some of the most egregious crime going on in the financial markets, filing an insider-trading lawsuit in Dell’s takeover of Perot systems.

Maybe, at long last, this is the start of something good. It couldn’t come at a better time — retail investors are about to get left holding big bags with designer labels on the outside and lots of something warm and brown on the inside.


Monday, September 21, 2009 5:41 pm

Do I have to draw you a map? OK, I’ll draw you a map.

Zero Hedge points out illegal insider trading ahead of Dell’s purchase of Perot Systems so clearly even I can see it. The question is, why can’t the SEC?

Bonus: Lots of pretty pictures.

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