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Kerry Promises to Crack Down on Crime in Corporate Offices [Last Ditch Effort to Get Numbers Up]
New York Times ^
| DAVID M. HALBFINGER
Posted on 12/12/2003 6:06:02 AM PST by TastyManatees
Kerry Promises to Crack Down on Crime in Corporate Offices
By DAVID M. HALBFINGER
OSTON, Dec. 11 Senator John Kerry said on Thursday that he would crack down on abuses in the mutual fund industry if elected president and called for expanding the antiracketeering laws to fight a "new age of organized crime that comes from corporate offices."
Speaking at Northeastern University, Mr. Kerry, a Massachusetts Democrat, said he would end the rapid-fire, quick-turnaround trades known as market timing, in which fund managers and big investors have been allowed to profit at the expense of long-term shareholders.
"In America it shouldn't matter whether you're rich or poor, it shouldn't matter whether you're a wealthy investor or a family saving for retirement," he said. "There should be equal opportunity for all instead of special privileges for the few."
TOPICS: Business/Economy; Crime/Corruption; Extended News; Government; News/Current Events; Politics/Elections; US: Massachusetts
KEYWORDS: 2004; campaign; ditch; election; funds; johnkerry; kerry; last; loser; mutual; president; sad
Yeah, this campaign's going somewhere. John Kerry's campaign has apparently just discovered last
year's hot issue. Perhaps they think people care enough about mutual funds
to give him a boost in the polls. Right. Run a campaign against corporate mismanagement and corruption, just as the Dow breaks 10,000 and people's investments start making serious money again, that'll get some votes...
Whoa, don't F with Kerry. He Is series.
I suggest starting with Global Crossing, Cattle Futures, Madision Savings and Loan and Loral.
posted on 12/12/2003 6:08:50 AM PST
He lacks the class warfare instincts of his fat co-senator, but at least he's trying.
posted on 12/12/2003 6:09:11 AM PST
(Solutions, not just slogans -JFKerry)
Don't forget George Soros.
posted on 12/12/2003 6:11:35 AM PST
(SSDD - Same S#it Different Democrat)
In John F'in Kerry's world, the only appropriate way to make money is to marry it.
posted on 12/12/2003 6:13:31 AM PST
Senator John Kerry said on Thursday that he would crack down on abuses in the Congress if elected president and called for expanding the antiracketeering laws to fight a "new age of organized crime that comes from Congress."
posted on 12/12/2003 6:16:18 AM PST
Inerited wealth = good
Earned wealth = bad
posted on 12/12/2003 6:18:33 AM PST
(George W. Bush is a Small Government Conservative)
John Kerry has dwarfitas.
"There should be equal opportunity for all instead of special privileges for the few."
There is equal OPPORTUNITY for all Kerry-boy, what you want is socialism - I hear Canada needs a new leader, why dontcha go there and spew your vile nonsense. . .
posted on 12/12/2003 6:27:23 AM PST
(". . .For there is going to come a time when people won't listen to the truth. . .")
That is such cr*p. The implication is that the current administration and or culture in general just gives a pass to corporate corruption.
posted on 12/12/2003 6:28:25 AM PST
by Let's Roll
(Support our brave troops as they protect us from evil.)
"In America it shouldn't matter whether you're rich or poor, it shouldn't matter whether you're a wealthy investor or a family saving for retirement," he said
Precisely why he married a such a modest, low to mid-income woman I presume. Oh wait a minute, maybe it was Loooove!
posted on 12/12/2003 6:34:07 AM PST
(May God bless our coaltion troops and their families.)
He also became concerned about outsourcing and the WTO. Last week. His statements on Kyoto, the IBM Treaty and Global Warming are soon to follow...
posted on 12/12/2003 8:48:18 AM PST
by .cnI redruM
(Dean wouldn't give you a reach around unless he had a razor hidden in his hand.)
"I'm gonna get those rich f***king criminals!"
posted on 12/12/2003 9:51:11 AM PST
(cum puella incedit minore medio corpore sub quo manifestus globus, inflammare animos)
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