“How can any person with even a basic understanding of the principle of “innocent until proven guilty’ endorse this kind of execution? No warrants. No court appearance. Nada! With a simple phone call an entire company and its shareholders lose all. Just like that. Does that sound like justice or, perhaps, more like a totalitarian system? The SEC says it has to act fast to protect NEW investors from being harmed. This haste overwhelms every other consideration. Of course, the SEC was not so hasty with Bernie Madoff, who ran a series of misidentified (and empty) funds under their collective noses for 20 years.”
Related posts:
Rialto CA Police Department Officers Wearing Cameras, Complaints Down 88%
It's Pretty Stunning How Many Billion-Dollar Startups There Are Now
That 3D-Printed Handgun You've Been Waiting For Is Here
Frank Lautenberg's Widow Reaps $174,000 In Senate Budget Bill
Thomas Sowell Exposes Dishonest Budgetary Scare Tactics, Cartoonists Mock Obama’s Hysteria
Developers Scramble to Build NSA-Proof Email
Here's a New Way to Bet on China: Open a Renminbi Bank Account [2011]
Too Far Off Center
Sessions/Trump Pull Off an Amazing Feat -- Making the DEA Look Reasonable
The Silent Slaughter of the US Air War
Texas Attorney General Invites New York Gun Owners To Move To Texas
You may already be a winner in NSA’s “three-degrees” surveillance sweepstakes!
Austerity's End Could Bring Additional German Turmoil
Bill Bonner: Is This Emerging Market About to Be Hit by a ‘Perfect Storm?’
How To Sell Bitcoin—Legally
