RobDownSouth
Resist!
- Joined
- Apr 13, 2002
- Posts
- 76,952
If you ever wanted to run a securities fraud scam or engage in insider trading on any of the various stock or options market, today is your day!
The 20-year-old "genius-level intellects™" (as RightGuido lovingly refers to them) descended upon the Security and Exchange Commission yesterday, charged with rooting out, you guessed it, "waste fraud 'n corruption™:
They left the place a smoking ruins last night. The SEC legal staff relies upon the Westlaw legal service to reference legal case law in lawsuits filed and tried in court. It was determined to be "waste" and the service was cancelled effective yesterday afternoon for all SEC offices. Every major law office, and many of the minor law offices in America uses Westlaw for case lookup. As of yesterday, the federal government does not.
Next up were Bloomberg terminals. Bloomberg terminals are standard in the securities industry, it allow you to lookup and track any and all securities being traded on any exchange in real time. Some rando billionaire dumping Tesla stock? The SEC is notified immediately.....or at least they WERE notified immediately, the whiz kids cancelled the "wasteful" government contract with Bloomberg contract yesterday afternoon. Every major brokerage in America and most of their satellite offices, uses Bloomberg terminals to monitor and make market trades. As of yesterday, the federal government no longer has that capability
The SEC today has no mechanism in place to identify stock market chicanery, thanks to the "genius-level intellects™" of Elon Musk.
The Usual Suspects will be along shortly to spew deflection after deflection, per their Standard Operating Procedure specified in the working document entitled "You Play Defense Libtard!"
The 20-year-old "genius-level intellects™" (as RightGuido lovingly refers to them) descended upon the Security and Exchange Commission yesterday, charged with rooting out, you guessed it, "waste fraud 'n corruption™:
They left the place a smoking ruins last night. The SEC legal staff relies upon the Westlaw legal service to reference legal case law in lawsuits filed and tried in court. It was determined to be "waste" and the service was cancelled effective yesterday afternoon for all SEC offices. Every major law office, and many of the minor law offices in America uses Westlaw for case lookup. As of yesterday, the federal government does not.
Next up were Bloomberg terminals. Bloomberg terminals are standard in the securities industry, it allow you to lookup and track any and all securities being traded on any exchange in real time. Some rando billionaire dumping Tesla stock? The SEC is notified immediately.....or at least they WERE notified immediately, the whiz kids cancelled the "wasteful" government contract with Bloomberg contract yesterday afternoon. Every major brokerage in America and most of their satellite offices, uses Bloomberg terminals to monitor and make market trades. As of yesterday, the federal government no longer has that capability
The SEC today has no mechanism in place to identify stock market chicanery, thanks to the "genius-level intellects™" of Elon Musk.
The Usual Suspects will be along shortly to spew deflection after deflection, per their Standard Operating Procedure specified in the working document entitled "You Play Defense Libtard!"