StockTwits
07-18-2010, 12:21 PM
Its the Law, Bitches! | The Big Picture (http://abnormalreturns.com/links/171449/visit) (www.ritholtz.com)
by britholtz about 4 hours ago
FT’s Alphaville says I am cranky. Jeff Matthews says I am wrong. Michelle Leder points out the settlement is a pittance relative to GS’ cash.Here’s a news flash: All of that is irrelevant. We are a nation of laws, and that is what guides SEC prosecutions, negotiations, and settlements. Sure, I may be cranky (only fellow curmudgeon Alan Abelson agrees with me), but what I truly am is astonished at some of the uninformed commentary pinging about inter-tubes about this subject.
see story at Abnormal Returns site...(RSS feed) (http://abnormalreturns.com/links/index?date=07/18/2010#171449)
by britholtz about 4 hours ago
FT’s Alphaville says I am cranky. Jeff Matthews says I am wrong. Michelle Leder points out the settlement is a pittance relative to GS’ cash.Here’s a news flash: All of that is irrelevant. We are a nation of laws, and that is what guides SEC prosecutions, negotiations, and settlements. Sure, I may be cranky (only fellow curmudgeon Alan Abelson agrees with me), but what I truly am is astonished at some of the uninformed commentary pinging about inter-tubes about this subject.
see story at Abnormal Returns site...(RSS feed) (http://abnormalreturns.com/links/index?date=07/18/2010#171449)