MEET THE NEW SEC:
SAME AS THE OLD SEC

Wow. Gosharottie We sure are impressed with Ms. Shapiro's new get tough policy toward corporate miscreants.

Her new lap, er, watchdog breathlessly announced this week that they had fined big bad GE $30 million dollars for lying in their financial statements filed with the SEC. For those of you that don't know, that is a felony.

The stockholders, who had zippo to do with the blatant fraud, will pay the fine.

GE executives, who received over one billion dollars in bonuses during the days of fraud will pay

Not a fucking penny.

That makes sense.

Not

Meet the new limp dick; same as the old limp dick.

Why Rob Banks when you can sell Penny Stocks

We Fucking Give Up

I mean really. We fucking give up.

The SEC Director of Enforcement has had, in his fucking face, evidence of massive stock fraud in the Penny Stock fraud SPNG. And he has had it for months.

During that time investors have been ripped off for over $100 million, mostly astonishly stupid 20 somethings.

Bullshit. And fuck you dear SEC enforcer. You are part and parcel of the problem, hunnybunch.

http://spongescam.esmartbiz.com/spng1.html

CC:

floyd norris

gary weiss

carol remond

sec inspector general