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SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun

Location: Blogs Bob O'Brien's Sanity Check Blog    
Posted by:   bobo 9/14/2006 2:35 AM

Robert Shapiro issued forth a comment letter that is as comprehensive as it is coherent. It is a damaging indictment of a system run badly amok, and is required reading.

Anyone that hasn't signed the NCANS letter by either faxing a signature or emailing me their name and contact info at NCANS.mgr@gmail.com - please do.

---------------

SABEW issued forth an outraged, sanctimonious release condemning "pretexting" and stated in the strongest possible terms it should be vilified and pursued with unrelenting vigor.

Some examples:

"Such actions have a chilling effect on the journalistic process and thereby do harm to the public, investors and all of us who rely on the free flow of information. Such actions also compromise a reporter's ability to talk freely with sources. Sources in sensitive situations may fear retribution if their bosses, or other possible adversaries, could easily steal the phone records of inquiring reporters.

In addition, H-P's actions raise serious questions about the privacy and security practices at phone companies. In an age of concern about identity theft, the ease with which records were compromised is something that journalists ought to explore much more deeply.

Journalists possess the same rights as any other citizens when it
comes to the protection of their personal information. In addition, reporters' notes, phone records and conversations with their sources are protected in many states -- including California, where H-P is headquartered -- from searches or review even by law enforcement agencies.

California's Attorney General has publicly stated that a practice
known as "pretexting" -- faking a person's identity to gain their
personal information -- violates state privacy laws. If that is the
case, SABEW hopes violators face the full force of the law."

Wow. I hope they do too.

How about Dave Kansas, the head of SABEW and the editor of the C section of the WSJ, ask his employee Jesse Eisinger about using illegally obtained cell phone and bank records from NCANS - sort of as a warmup chitty chat, given all the outrage over this sort of thing? I mean, I suppose if someone sent me someone's cell records and an attorney-client trust account's bank records, I could assume they were legitimately obtained...especially if it was a "reputable" hedge fund that gave them to me....I mean, how else would you get them?

Or is it only bad if it happens to you? Sort of a, hey, we do it, but that's different?

SABEW. Where discussions about how to crush your critics using the courts, obstruct justice by concealing evidence, and a bevy of other admirable topics are the stuff of their annual meetings, and where your members can do that which you condemn, and not an eyebrow is raised.

Quite a group.

---------------------

Go, Chewbaca, Go!!!!

That's sort of the reaction I've had to the latest ahubiddy hubbidy responses from everyone's favorite hack. I hesitate to devote any more real estate to the ongoing revelations as to the madness of 'lilGW, but it is a slow day, so why not?

Check out this latest from Antisocialmedia, a blog devoted to exposing 'lilGW as pathological. I haven't seen any credible refutation, thus assume it is what it is until proved otherwise.

Not a lot has to be said. I actually enjoyed some of the ironic turns of phrases. It is well written, and jabs one of our biggest critics with a very sharp and precisely targeted stick, which I celebrate, although in the way that I celebrate something marginally and momentarily interesting as I flip channels.

Perhaps it is all some big mistake, where the explanation is, "I was editing the comments emailed me by...oh....er...um..that was something else....so the wikepedia stuff is all being edited around me, all me, all the time....uh....that doesn't mean that I'm doing it....it could be a team of folks who believe I'm the best thing ever and have a library of my important decade old magazine articles.....and the IP thing? uh....there's many possible reasons for that....or if not, there could be...for instance, it could be that is a dynamic IP that keeps changing, and that all those "different" posters....er....got them as part of the marvelous mysterious workings of the universe.....uh......baloney! Baaaaloneeyyy!!! What's important isn't these absurd allegations, what is important is that this is all designed to avoid the real questions...and...er...they're all kooks, I tell you....this is all stock scamming pumpers anyway...uh...Chewbaca.....Chewbaca! Cheeeewbaaaacaaa!!!"

--------------------

Short but sweet, is Mr. Allison's comment to the SEC:

"As Ralph Waldo Emerson wrote in the April 1862 edition of The Atlantic:"We want a state of things in which crime shall not pay."

This is manifestly NOT the case under either the present or proposed rules."

I don't really have any questions. That about sums it up. Nice to see we've made such progress over the last 150 years or so.
Copyright ©2006 Bob O'Brien
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Comments (31)
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By Avner on 9/14/2006 7:28 AM
Dude, the Gary stuff is priceless. It's so obvious what a POS this guy is, and that blog nails him. But I think you're giving him WAY too much space here. It's clear he's a liar, a phony and probably nuts, but can this be the last about him? Why wallpaper your house with used toilet paper? But having said that, you couldn't have found a more thorough expose of how low slime will go.
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By browntrout on 9/14/2006 7:28 AM
Maybe we can transfer all of our prime brokers and the SEC to the Cayman Islands also so that they can continue to avoid rules, laws and taxes as the hedge funds and their clients do.

Cayman Islands Mark 8,000th Hedge Fund; Jurisdiction Continues to Set Records for Funds
13-Sep-2006

George Town, Grand Cayman – (September 13, 2006) – The Cayman Islands Monetary Authority announced on 5 September that the jurisdiction now has more than 8,000 registered hedge funds, an increase of more than 2,000 funds compared to the beginning of 2005. More than 1,000 new hedge funds were authorized in the first half of 2006 alone, which is a record for any six-month reporting period in the Cayman Islands. This surge in hedge funds is the result of a range of factors including non-traditional applications of hedge funds and increased interest in emerging markets, according to a new analysis by Walkers, the global offshore law firm of choice for companies, financial organizations, and international law firms.

“Despite an increased focus on regulations by governing bodies such as the Securities and Exchange Commission (SEC) in the U.S. and the Financial Services Authority (FSA) in the UK, the hedge fund market continues to thrive,” Mark Lewis, a Senior Investment Funds Partner for Walkers, said. “Hedge fund managers are finding new ways to apply their skills and strategies. The lines are beginning to blur between hedge funds and private equity funds, with more similar structures and applications being used by both types of managers. In addition, the recent US Pension Protection Act 2006, will reduce the number of investment funds that need to operate in compliance with ERISA regulations and will open up additional investment opportunities for employee benefit plans that were previously precluded from investing in hedge funds.”

According to Hedge Fund Research, Inc. (HFR), the hedge fund industry attracted USD$42.1 billion in new money in the second quarter of 2006 alone, bringing total industry assets under management to USD $1.225 trillion. This influx is the biggest quarterly jump in new funds since HFR started tracking in 2003.

As hedge funds become more common in emerging markets, there is every reason to expect that the global pie will continue to grow. According to a July report by the International Monetary Fund, foreign holdings of Zambian government securities primarily by hedge funds rose from a "negligible amount" to K540bn (USD$150m) during 2005, mostly in the last quarter. By May this year, that figure had risen to K840bn (USD$233m).

In addition to the increase in global strategies being employed, the demographic of the investors who are attracted to the hedge funds is also becoming more global with investment managers and financial institutions less dependent on investors from the United States and EU countries.

“We continue to see strong hedge fund interest globally from investors in Asia and the Middle East, as well as U.S. and UK institutions,” Jonathan Tonge, Investment Funds Group Managing Partner for Walkers, said. “The number of hedge funds being terminated has also risen, but with a steady increase in new hedge fund registrations, the termination to new fund registration ratio remains at a 1:3. These changes in fund status reflect the maturity of the market where investors are not prepared to tolerate extended periods of poor performance, and variables that impact hedge fund investment such as the recent changes to the U.S. Pension Protection Act and increased costs of regulation and compliance. However, the rate of growth still far outpaces terminations.”

The Cayman Islands provide hedge funds with a no tax jurisdiction, a sophisticated financial infrastructure that includes major banks and accounting firms, and therefore the ability to achieve measurable savings which, in turn, are passed along to investors.


http://www.walkersglobal.com/pressroom.php?pr_id=259&category=Press%20Release
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By kevin on 9/14/2006 7:12 PM
Maybe there is hope - Shelby is returning one of his bribes.

http://www.decaturdaily.com/decaturdaily/news/060105/dirty.shtml

Not this one, though.

In order to duck the prying eyes of SEC investigators, Westar lobbyist Richard Borneman recommended a menu of contributions to powerful Republican lawmakers."The main issue here was that the CEO, David Wittig, and some of his top executives had a plan to split up the company," explained Tyson Slocum, Public Citizen's Research Director on Energy Issues.

The alleged scheme involved splitting Westar into different companies that Wittig and his fellow executives would control, so that in essence, the side businesses would not own the debt they were previously responsible for, but Westar, the utility, would absorb it. In fact, explained Slocum, Wittig and others "had actually secretly issued stock in the [new] company that would give them a windfall" of millions.

...

In another May 2002 email to Douglas Lake, Lawrence wrote: "Right now, we are working on getting our grandfather provision on PUHCA repeal into the senate version of the energy bill… We have a plan for participation to get a seat at the table, which has been approved by David the total package will be $31,500 in hard money (individual), and $25,000 in soft money (corporate). Right now, we have $11,500 in immediate needs for a group of candidates associated with Tom Delay, Billy Tauzin, Joe Barton and Senator Richard Shelby
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By jpc on 9/14/2006 7:15 PM
Fred: I’m glad to see that Congress is finally about to tackle that horrific multi-trillion dollar scandal which for so long has plagued the U.S. equity markets.

Bob: What’s that? You mean the bankerbroker share counterfeiting scandal that has destroyed the core of the U.S. technology sector and the Nasdaq?

Fred: Huh? No knucklehead. That pretexting thing with the board members at HP. It’s awful, terrible, dreadful, appalling, atrocious, horrific, and really, really bad too. Good thing Congress got right on it. Just think what it could do to all of those good financial journalists out there. It’s not easy to keep in your head all that “insider like” investment advice for practically every company in America like that guy on CNBC does. Where would we be without people like him?

Bob: Oh boy. What do you think of that Liz Moyer?

Fred: Bob, forget about that Liz babe at the 7/11 and keep your eye on the ball! They finished with that sinister domestic diva Martha Stuart and that treacherous mastermind (and ex gym teacher) Worldcom CEO Bernie Ebbers and out of respect we won’t mention that fearsome face Kenny something or other at Enron. Just think pretexting.
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By Wonder Boy on 9/14/2006 7:36 PM
The 'Shapiro letter' was good. The 'Trimbath letter' was good. The 'NCANS letter' was good'. Many other letters were good and made the points of the authors. But, these are not the first letters that have been written to the SEC, the Governmental committees, nor our Congressional Representatives---for YEARS.

Congress CAN act. They acted in the Terry Schiavo situation------brain dead for years, but the President could fly back from Texas to interfere. 'Horsemeat as food' was killed overnight! When it comes to voting themselves a raise, there seems to be no problem.

However, an inquiry from the Senate Finance Committee is able to be blocked by a few Troglodytes from some agency full of political appointees? Geeeezzzzz!

I would love to be optomistic, but the realism seems to creep back into my mind. The 'letters' have laid out a clear plan of action for the SEC. Will they listen? Sure. Will they actually make useful changes? I will believe it when I see it.
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By rtway1 on 9/14/2006 7:39 PM
Bobo you outdone yourself with that te to te with that SABEW outfit. I am anxiously awaiting any kind of response from them. Even a hiccup. You have a way of getting to be the spur under the saddle. This is so great, I can't wait. If they don't reply let's send them some letters.
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By mhelburn on 9/15/2006 4:22 AM
Wikipedia bans Congress. Seems the staffers are fighting a turfwar there.

http://www.webpronews.com/topnews/topnews/wpn-60-20060130WikipediaBansCongress.html
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By dawgman on 9/14/2006 7:44 AM
Dave Kansas is a former employee and director of thestreet.con... Funny how these names keep popping up!!
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By Rube Waddell on 9/14/2006 8:04 AM
Wasn't the lamborghini ID spouting a lot of racist bile on the OSTK mb?
Anything to sell his crappy book. Why is it the folks who defend NSS all seem to be deficient in the character department?
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By mhelburn on 9/14/2006 8:06 AM
This deserves a place in the Funny Bunny Blog. With a picture....Weiss in his balmacan as Lamo, cups etc. What a piece of work! This is as funny as outing Kevin. Gary, babe... you are as credible as your need to use multiple id's. Didn't think anybody could figure it out???
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By rtway1 on 9/14/2006 8:23 AM
This is one of the stupidist bastards of all times. First you try to destroy people and companies and then leave a note behind. When this all gets exposed I hope a Liz Moyers or Gasparino does a special on this sleezy pos.
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By rtway1 on 9/14/2006 8:29 AM
Would love to hear the thoughts about Cramer and Greenberg from this SABEW. I wondering if this whole organization is just one good old boys club.
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By gregcable2002 on 9/14/2006 9:42 AM
It's going to be interesting to see just how far those in control of all these phoney shares that have flooded the market go in trying to keep the lid on this? could we see some earth shattering event take place in the near future that could direct our attention else where? You corner a wild animal and see what it does,these people have large bankrolls and could possibly bankroll some sort of terrorist act just to get us looking a different direction.
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By gregcable2002 on 9/14/2006 9:44 AM
Would they? could they stope that low? I think we all know the answer to that.
Is the SEC Finally Going To Do Their Job? By bryedge on 9/14/2006 10:33 AM
SEC Eying Broker-Dealer, Hedge Fund Ties
Wednesday September 13, 6:13 pm ET
By Jaime Levy Pessin, Dow Jones Newswires
SEC to Watch Broker-Dealer, Hedge Fund Ties


NEW YORK (AP) -- The Securities and Exchange Commission will be monitoring hedge funds through their dealings with broker dealers, and those relationships will come under more scrutiny, the commission's director of enforcement said Wednesday.

Linda Chatman Thomsen, speaking in New York, said the SEC would be paying attention to whether broker-dealers were ignoring red flags that were readily apparent in their dealings with hedge funds.

"What we're seeing in cases is beyond a blind eye and into aiding and abetting," Thomsen said at a seminar sponsored by the Practising Law Institute. "Activities with hedge funds are going to be something we're going to focus on."

Hedge funds are among the most active traders of stocks, bonds and derivatives. But the SEC lost its already limited ability to directly oversee them in June, when a federal court rejected a controversial rule requiring hedge-fund managers to register with the SEC.

Broker-dealers like Goldman Sachs Group Inc. and Morgan Stanley, which do lots of business with hedge funds and whose activities are regulated by the SEC, may give the commission an indirect look at what funds are up to.

Thomsen said the SEC found out about late trading and market timing in mutual funds by hedge funds through the lens of broker-dealers. And she said broker-dealers should be as quick to report insider trading by large hedge funds as they are to report such trading by smaller investors.

"The regulated entities are our window into hedge funds," Thomsen said. "Everybody's doing business with them. We're going to find out what they're doing through what we can see."

Thomsen also addressed the controversy over backdating of options, saying that attempts to cover up improper activities would trip up some companies: "It's not what you do that gets you into trouble, it's what you do after you did what you did."

She added, "There's not a thing wrong with granting in-the-money options, but shareholders have to say it's OK ... And you have to account for them a certain way." She said compliance procedures need to be updated to deal with changing options practices.

More than 100 cases of suspected backdated options are being investigated, Thomsen said, although she didn't expect all of them to develop into enforcement actions.

"People generally don't like rich people lying and cheating," she said, "and that is how this is resonating."
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By davidn on 9/14/2006 11:39 AM
I vote we stop talking about the madness of princess george. It's the kind of cretin that likes the attention, even if it is negative.

I wouldn't want to be responsible for helping it sell even one copy of its book.
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By piddly_sum on 9/14/2006 12:02 PM
The price of reform in Russia:
Top Banker Assassinated

http://www.businessweek.com/globalbiz/content/sep2006/gb20060914_915194.htm?chan=top+news_top+news+index_businessweek+exclusives
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By popeye on 9/14/2006 12:53 PM
MOSCOW — Andrei Kozlov, a top central banker crusading against money-laundering, had just finished playing soccer with colleagues when two assailants pumped him full of bullets.

Officials suspect the slaying was ordered by crooked financiers unhappy with Kozlov's drive to clean up the system _ underscoring how Vladimir Putin's Russia remains a cauldron of murky business interests rife with gangland killings.

http://www.chron.com/disp/story.mpl/ap/world/4187338.html
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By mhelburn on 9/14/2006 1:06 PM
Rube,
You asked, "Why is it the folks who defend NSS all seem to be deficient in the character department?"

It turns out that most of them are two demented fellows named Gary Weiss and Tony Ryals who use multiple id's.
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By InTheKnow on 9/14/2006 1:49 PM
and so who is the worlds biggest SCHMUCK... 70.23.85.112 ?

ROTFLMFAO at a meathead (baloney?)!
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By InTheKnow on 9/14/2006 1:58 PM
aw maybe the worlds littlest SCHMUCK!
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By klebnikov on 9/14/2006 2:11 PM
Lil' GW's foundation to investigate a Russian murder.

http://www.projectklebnikov.org/missionstatement.html
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By Jumbo on 9/14/2006 2:31 PM
Figures, Weiss worked for Barrons at one time.

Gary Weiss
Gary Weiss, an award-winning investigative reporter, has written extensively on financial fraud and Wall Street corruption. At Business Week (1986-2004), he broke the story of the Salomon Brothers bond-trading scandal, and wrote big exposes on stock scams, internet fraud and the recent corporate crime wave. His 1996 cover story, "The Mob on Wall Street," revealed how Street firms had been infiltrated by organized crime, and were ripping off billions of dollars from investors. It led to many convictions, as well as a letter to the magazine from then-FBI director Louis Freeh praising Weiss's work for having opened the door to FBI probes in NY and Florida. Weiss is now lecturing and writing books ("Born to Steal," 2003; "Wall Street Versus America," 2006). He is a graduate of Northwestern University, and previously worked for Barron's magazine, the Hartford Courant, and several news services in Washington.

contact: garyrweiss@verizon.net or www.gary-weiss.com
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By browntrout on 9/14/2006 2:57 PM
Jumbo-With what has been exposed about Gary's tactics of distortion and outright lying, his potentially illustrious career is now toast. His credibility is now lower than most convicted felons in prison.
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By bobo on 9/14/2006 3:34 PM
I just posted a comment on the SABEW site, viewable at:

http://weblogs.jomc.unc.edu/talkingbiznews/?p=1375

Here is the text of their announcement, reprinted for fair use, with my comment:

"SABEW statement on Hewlett-Packard pretexting
Blogged under Information, News event, Coverage by Chris Roush on Thursday 14 September 2006 at 9:35 am
The Society of American Business Editors and Writers, a trade group representing 3,500 financial journalists, is outraged that any company would stoop to unethical — if not illegal — means to gain access to a reporter’s telephone records.

According to news reports, Hewlett-Packard officials hired private investigators to learn who talked to the media about board decision-making. These investigators, according to the reports, reportedly stole journalists’ identities in an attempt to learn if certain reporters had talked with Hewlett-Packard insiders.

Such actions have a chilling effect on the journalistic process and thereby do harm to the public, investors and all of us who rely on the free flow of information. Such actions also compromise a reporter’s ability to talk freely with sources. Sources in sensitive situations may fear retribution if their bosses, or other possible adversaries, could easily steal the phone records of inquiring reporters.

In addition, H-P’s actions raise serious questions about the privacy and security practices at phone companies. In an age of concern about identity theft, the ease with which records were compromised is something that journalists ought to explore much more deeply.

Journalists possess the same rights as any other citizens when it comes to the protection of their personal information. In addition, reporters’ notes, phone records and conversations with their sources are protected in many states — including California, where H-P is headquartered — from searches or review even by law enforcement agencies.

California’s Attorney General has publicly stated that a practice known as “pretexting” — faking a person’s identity to gain their personal information — violates state privacy laws. If that is the case, SABEW hopes violators face the full force of the law.

“Pretexting” thefts are a true threat to all Americans’ personal privacy. Hewlett-Packard’s actions have shown that “pretexting” is also a threat to the freedom of the press.

-------------------------
Comment by Robert O'Brien — September 14, 2006 @ 7:26 pm
I completely support SABEW’s perspective on this issue.

Perhaps Dave Kansas can discuss with his employee Jesse Eisinger, how he came into possession of NCANS’s attorney-client-trust bank records or information, as well as NCANS’ cell phone records. That might be a good place to start with the indignation and acrimony. Whether it was passed on via an anonymous source, or directly secured, it would be enlightening to hear how that works, and how those sorts of records could manifest in his hands without it occurring to anyone that they might have been illegally obtained.

Physician, heal thyself. I look forward to a spirited discussion of the topic, as it is clear that your organization has strong opinions in that regard, and it would be beyond hypocritical to protest a tactic which can be shown to have been used by sterling members of your community. I’m sure that there will be outrage over any of your group having been a party to that sort of thing, and that a thorough review will take place to get to the bottom of it.

I shall even assist you in clearing the air by broadcasting your actions via my website. The public enjoys nothing more than seeing our icons stand up for what is right. "
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By Sasha on 9/14/2006 3:49 PM
That's interesting abouthim being part of that. What's his interest? I have a little insight on it, and everyone involved in that group personally knew klebnikov. Except "'lilGW". So why would a man who seems to find 100% of the time that the Russian mob has no part of organized crime on Wall Street be part of a group interested in investigating the murder of a journalist whose death was widely believed to have been Russian organized crime related? Why does he have blind spot about Russian mob, just like he has with NSS?
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By InTheKnow on 9/14/2006 4:34 PM
Sasha...
Maybe his grandparents where from Russia?
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By Goofy on 9/14/2006 4:51 PM
In a move that promises to complicate Hewlett-Packard's attempts to put its boardroom scandal in the past, a U.S. House of Representatives committee is planning a special hearing on the company's conduct.

http://news.com.com/2100-1014_3-6115960.html?part=rss&tag=6115960&subj=news
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By Anal Lists on 9/14/2006 4:57 PM
UBS Hypocrisy?

http://investorvillage.com/smbd.asp?mb=971&pt=msg&mn=4740
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By Miss Quackfaster on 9/14/2006 6:17 PM
It said much of the criminal activity was carried out with the help of a lawyer identified in the indictment only as "attorney A."
It said the suspects used shell corporations that included real estate groups, tire companies, a construction company, a wire rope company and what appears to be an airplane parts business.

http://www.heraldnet.com/stories/06/09/14/100wir_b2drug001.cfm
Re: SABEW Hypocrisy; A Funny Interlude Wherein The Madness Of 'lilGW Is Perused, Just For Fun By Miss Quackfaster on 9/14/2006 7:42 PM
Ohio Congressman Is Said to Agree to Plead Guilty
http://www.nytimes.com
By PHILIP SHENON
Published: September 15, 2006
WASHINGTON, Sept. 14 — Representative Bob Ney, Republican of Ohio, has agreed to plead guilty to federal criminal charges related to his dealings with the corrupt lobbyist Jack Abramoff, lawyers and others with knowledge of the investigation said Thursday.

A guilty plea would make Mr. Ney, a six-term congressman, the first member of Congress to admit to criminal charges in the Abramoff investigation, which has focused on the actions of several current and former Republican lawmakers who had been close to the former lobbyist.
People with detailed knowledge of the investigation said Mr. Ney had entered an in-patient rehabilitation center in recent days for treatment of alcoholism, making it uncertain whether he would appear at a court hearing to announce the plea. Lawyers and others would speak only anonymously because of concern they would anger prosecutors.
They said the agreement with the Justice Department — and the exact criminal charges, which are expected to include conspiracy and false statement — would be disclosed in Washington as soon as Friday and would probably require Mr. Ney to serve at least some time in prison.

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