Accentuating the caveat emptor perspective with critical commentary on financial disclosure. I adopt a skeptical persona and look for chinks in the teflon coating of financial disclosure. My job is to identify financial warts. Perhaps a Black Swan. Disclosure: I do not hold positions in stocks mentioned for three trading days before or after blog post.
Thursday, October 06, 2005
Hang em High
Several controversial sentencings are scheduled within the next few weeks. Corporate criminals unlike street criminals do not factor jail time into their psyche. Put them away for as long as possible as a deterent for those who still hide under a rock. If Grand Theft Auto puts you in jail for seven years or there abouts, Grand Theft Corporate should exceed it it. After all look at the real economic pain felt by innocent bystanders. Lily White suits will wilt in the land of Oz.