Originally Posted by bdp
Oh and about the SEC deal. I don't begrudge anyone sending any complaints. But what you received back was a polite form letter designed to satiate your anger. It gives the impression they will actually do something. I will not participate in this campaign becaue I have already contacted the SEC on a few other issues that I knew were wrong. I talked to a few very frank dudes who tolr me the real dope. They don't have the manpower nor the ability to handle most of the complaints they get. Brandon posted a good recent article about how some MM's have been fined recently. This is the best you will get if that, but the fines are just cosmetic to show the SEC is actually doing something. Let me put it to you this way. Take Maddoff. If they couldn't get that right...when they had all the suspicious evidence in the world...how do you think they are going to even care when it comes to how SIRI stock is being manipulated. ALL stocks are manipulated. MM's (and Specialists) are a necessary evil in making the markets. They have way too much power and way too many capabilities. To change their manipulative abilities would require a massive undertaking and overhaul of how all that works. In these precarious economic times, overhauling MM's is about number 500 on the list when maybe the SEC can effectively address the top 4 or 5. IMHO...
SIRIUS XM SATELLITE RADIO FORUM
. Not without a price, but better than nothing. And with the SP right now closing the week @ .31, not too shabby. The future's so bright..gotta wear shades..later.. 
