Monday, August 10, 2009

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.






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