To: Gail Wynand
And the others who profited were also "BIG SHOTS"; however, the way the law is written, only the actual trader is the one who gets prosecuted in FEDERAL ( via the SEC ) court and disallowed from participating in trading on the Merc.
I didn't write the law; I'm just telling you what it is and how it worked. Who the clients were, who profited or lost, were never the issue; the perpetrator of the crime was the only one who mattered to the SEC.
To: nopardons; Gail Wynand
If I understand Gail Wynand's point, the illegal cow trades were simply the particular type of tender used in an overarching crime that falls outside the domain of the SEC.
posted on 09/26/2006 3:04:12 AM PDT
by Mia T
(Stop Clintons' Undermining Machinations (The acronym is the message.))
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