Is This Payback Time.

[Bizz]

The Securities and Exchange Commission is launching a preliminary examination into whether an Standard & Poor's employees insider traded ahead of the downgrade, according to a report in the Financial Times.

The SEC has requested S&P disclose a list of all employees who were made aware of the ratings agency's plans to downgrade before it was made public last week, the FT said.

If someone from the S&P did in fact leak information, the agency, not just the individual, could be in serious trouble because of a little-known law from 2006.

My link

Hope all yo yanks enjoy your weekend have one on me.

[thaicbr]

Only a matter of time really

[Bizz]

When I was perusing over that article.

Heard this on the BOX "FMRadio"

If You're Irish Come Into the Parlor

If You're Irish Come Into the Parlor

In sweet Lim'rick Town, they say,

Lived a chap named Patrick John MoIIoy.

Once he sailed to U.S.A.

His luck in foreign parts he thought he'd try.

Now he's made his name, and is a wealthy man,

He put a bit away for a rainy day;

So if you gaze upon

The house of Patrick John,

You'll find a notice that goes on to say:

Chorus:

If you're Irish come into the parlour,

There's a welcome there for you;

If your name is Timothy or Pat,

So long as you come from Ireland,

There's a welcome on the mat,

If You come from the Mountains of Mourne,

Or Killarney's lakes so blue,

We'll sing you a song and we'll make a fuss,

Whoever you are you are one of us,

If you're Irish, this is the place for you!

Patrick loved the girl he wed,

But he could not stand his Ma-n-aw,

Once with joy he turned quite red,

When she got into trouble thro' her jaw.

Six police they had to take her to the Court,

She was informed a month she would have to do,

So Patrick quickly wrote

Up to the Judge a note

Explaining, "Sir, I'm much obliged to you!"

For All those bankers

[givenall]

Only a matter of time really

As far I am concern S&P should be out of business rightafter the 2008 financial crises since they really were the once created the bytheir false high rating that were given to bad risks

[midas]

that seems pretty fair provided any investigations also extend to politicians

and Obama administration officials and executives and their families

[Bizz]

that seems pretty fair provided any investigations also extend to politicians

and Obama administration officials and executives and their families

your views midas are self explanatory

Powers of the Office

The Constitution, as is well known, created a system of checks and balances to prevent tyrannical government. The political scientist Richard Neustadt correctly noted that the Constitution did not create a system of separated powers favored by theorists such as Montesquieu, in which legislative, judicial, and executive powers were kept separate from one another. Rather, the Constitution gave pieces of all these powers to all branches of government. The power to oversee the departments and agencies of the federal government is given to Congress and the courts as well as to the president; Congress as well as the president is involved in foreign policy through Congress's powers to block the appointment of ambassadors and decide whether to accept or reject treaties, and through its general power of the purse through which it decides how much, if at all, to fund policies proposed by the president and his officers.

My link

[midas]

that seems pretty fair provided any investigations also extend to politicians

and Obama administration officials and executives and their families

your views midas are self explanatory

Powers of the Office

The Constitution, as is well known, created a system of checks and balances to prevent tyrannical government. The political scientist Richard Neustadt correctly noted that the Constitution did not create a system of separated powers favored by theorists such as Montesquieu, in which legislative, judicial, and executive powers were kept separate from one another. Rather, the Constitution gave pieces of all these powers to all branches of government. The power to oversee the departments and agencies of the federal government is given to Congress and the courts as well as to the president; Congress as well as the president is involved in foreign policy through Congress's powers to block the appointment of ambassadors and decide whether to accept or reject treaties, and through its general power of the purse through which it decides how much, if at all, to fund policies proposed by the president and his officers.

My link

" I am not a crook ".

Richard M. Nixon