Posted on 03/12/2012 6:15:15 AM PDT by Second Amendment First
Former Sen. Specter: Nasdaq discriminates against the Chinese
By Lou Kilzer, PITTSBURGH TRIBUNE-REVIEW
Sunday, March 11, 2012Former U.S. Sen. Arlen Specter, who once described Chinese business practices as international banditry, is accusing Nasdaq of racially discriminating against Chinese companies trying to raise money on that stock market.
Specter, 82, of Philadelphia filed a lawsuit challenging Nasdaq's decision in December to remove Chinese wind-tower maker CleanTech Innovations Inc. from the stock exchange. Nasdaq, in its delisting notice, cited concern about CleanTech's close association with controversial Wall Street deal maker Benjamin Wey, who the stock exchange's senior vice president labeled "notorious" for his past stock promotions.
Wey's firm, New York Global Group Inc., specializes in raising money for Chinese companies through complicated transactions called "reverse mergers" in which Chinese firms take over American shell companies.
Such mergers have cost investors tens of billions of dollars in losses, said Dan David, vice president of GeoInvesting LLC, a firm that follows the Chinese reverse merger equities markets.
Specter began representing CleanTech before he left office on Jan. 3 after serving three decades as one of Pennsylvania's two U.S. senators.
-----------------------------------------
So now the old bastard is representing the Chinese version of Burnie Maddof and playing the Race Card at the same time.
Nothing liked a a nice steaming dish of schadenfreude to get you started in the morning.
Blaming everyone but himself. His conduct on the healthcare law was completely contrary to his previous conduct on socialized medicine - he had been on of the architects in derailing Hillarycare. His behavior was based solely on snapshot polling data. He should have stayed in the GOP and just retired gracefully - despite his annoying behavior historically it could have been said he had a long distinguished career...but due to selfishness, he went out looking like a clown.
http://www.youtube.com/watch?v=Ffd3lGvQ7MU
Who knows if any of this is even true - Specter is just blaming everybody else.
Thanks for posting that - obviously very odd for a state’s two sitting U.S. Senators to be seen beside of each other at an event.
What a joke.
Arlen, this is what happens when you try to pet
a scorpion. Try putting some ice on it.
So, Bowbama Fluked Sphinkter, uh, Specter...
What Obama and Harry had said they loved him the night before.
I’m thinking “The Dollar Store” rack...
Ah, boo-fricking-hoo.
This article should be shared with every RINO every year to remind them how the dems will treat them after they have ended their usefulness.
Remember, thou art mortal.
How sweet it was!
You are right! It is the main reason that Santorum lost his seat by a record margin of 18%!
Reason number 5,850 of why RINOs are useless.
I like that he's long gone, there are many more so-called Republicans that need to be removed from office.Imagine being Arlen "All I want is for 'A POTUS' to give me some respect" Specter, so I'll vote for health-care to get it. What type of cloudy thinking is THAT? Thank god people like he,Bob Dole + Olympia Snowe (finally!) are history, Loser McCain has surely got to be next.
Oh just shut up Arlen. No one cares about your hurt feelings or your crappy book. If you lie down with dogs you get fleas, and you made your bed so now lie in it.
If this is true, maybe the best man won anyway in 96.
Good point Psycho. Snarlin’ Arlin’s treachery poisoned more than his own well.
God what an idiot & this doofus spent 28 years in Washington D.C. & still thought the Democrats were peole who would keep their word to a Republican turncoat.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.