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SABEW - Censorship and the Art of War; SEC Roundtable Group Grope

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Posted by:   bobo 9/15/2006 10:33 AM

SABEW. A fine and noble group dedicated to protecting freedom of speech, and freedom for the press.

Unless of course that makes your membership look bad. Then, the clinical analysis of unbiased journalism is unwelcome.

I am of course referring to SABEW's self-righteous condemnation of "pretexting" - where private investigators get phone records and confidential information by violating the privacy of their targets, and breaking the law.

That would be exactly like what happened to NCANS, when Jesse Eisinger of the Wall Street Journal was calling unlisted beeper numbers of folks who had been called from one of several NCANS phones, and had very specific account information only obtainable by viewing the attorney-client trust account records of NCANS.

Not surprisingly, SABEW doesn't like to confuse its membership with ethical dilemmas like whether its own members doing what they condemn is bad or not. Given that Dave Kansas, Jesse's boss, is head of SABEW, it's not surprising that my message on their blog, supporting their perspective against pretexting, and wondering aloud at how SABEW felt about some of its icons having come into confidential information from that sort of activity.

They censored the post. It is now gone.

So, in the case of a blogger who runs a market news and op ed site like me, apparently pretexting by poker buddies of powerful hedge funds is OK. No problem. What SABEW means is that pretexting where one of their sacred cows is concerned is bad. Pretexting when it invades my privacy, or the banking records of NCANS, is good.

They don't have to censor my views to say that. Why not just come out and say it? If that is how they feel, why not shout it from the highest mountain? Isn't that what journalistic expression and reporting should consist of? Honesty, integrity, ethics?

In keeping with my admiration for their standard of behavior, here is the censored post:

"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. "

Now, if anything I said was false, I invite Mr. Eisinger or Mr. Kansas to correct my misunderstanding, and articulate how Jesse had all those phone numbers, and how he knew very specific bank transaction information. I'm actually all ears. Nobody ever explained it - he just suddenly dropped the subject when it was exposed, and a blanket "We didn't do anything wrong" missive was lobbed by the Journal - which doesn't actually explain how he got the numbers and the account info.

I have long been convinced that the majority of the NY financial press are arrogant bully boys whose contempt for their readership is manifested in a complete disregard for the truth, or even the thinnest veneer of objectivity. SABEW's most recent behavior would be completely consistent with that belief.

Another low moment in American journalism - whatever that now is.

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

The SEC roundtable discussion on the SHO pilot program was a farce.  Nothing else needs to be said. If you want to entertain the perspective that demanding certificates, so that you can verify that you received what you paid for, is a form of stock manipulation, this was your meeting. If you are a reasonably sentient upright biped with a working brain stem, it wasn't.

Another complete waste of time.
Copyright ©2006 Bob O'Brien
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Comments (35)
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By Browntrout on 9/15/2006 11:10 AM
Bobo- Same tactics used by Gary Weiss are used by SABEW. Hmmmmm.

The SEC Roundtable- What elephant? We don't see any elephant!
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By particleswaves on 9/15/2006 11:13 AM
The repeated phrase "Short Sellers are an oppressed minority" was my favorite. What a boatload of crap.
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By financial circus on 9/16/2006 9:30 AM
Bobo- Does that mean that we are going to have to watch Jeff Mitchell twist and distort in the future? I was hoping you had given that defender of Elgindy and other untruths the boot.
we must stop the sec from changing t+13 to t+35! By newspaper on 9/16/2006 9:31 AM
T+35 is insidious. Most stocks that go on SHO linger somewhere in-between T+13- T35.

So 13 is not enough to rape and murder most stocks. The SEC is going to increase the time frame so that they can finish the job without any hindrance with a 35 day period.

This will also make the SEC look good from a PR perspective. Stocks go on SHO for 35 days get murdered and then they will come off. Then when the SEC compiles their statistics they can point to the fact that SHO is working. When stocks currently stay on SHO for more than 13 days the SEC looks bad it looks ineffectual. But by tripling that time period the success rate of SHO will increase. Stocks will come off of SHO not because of any SEC regulation or required buyin;

No they will come off because after 35 days there will be no value left to strip away from a dead company.
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By bobo on 9/16/2006 9:37 AM
Jeff is welcome here as long as he keeps it civil. What he doesn't do is name call and refer to his critics as drinking kool-aid or being baloney brigaders. I agree that at times his grasp on the truth is somewhat at odds with ours, however he argues his points like an adult. As to defending Elgindy, the man is a convicted felon now. There is no argument - whooops, I was caught trying to skip bail travelling on a fake passport is difficult to spin or defend. IF that is Jeff's ambition, he has his work cut out for him.
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By InTheKnow on 9/16/2006 4:14 PM
The more I think about this the more my blood boils. Where does SABEW get off with their holier-than-thou attitude. You really exposed those hypocritical scumbags.

Thgey should give you the Meet The Pressl medal of honor!
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By Miss Quackfaster on 9/16/2006 8:14 PM
Oil tycoon Deuss at centre of fraud probe
By Paul Lashmar
Published: 17 September 2006

Controversial oil tycoon John Deuss has "temporarily" stepped down as chairman and chief executive of Bermuda Commercial Bank (BCB) due to an investigation into alleged money laundering and illegal banking.
The bank's chief operating officer, Timothy Ulrich, and another director, Tineke Deuss, have also stepped down on the same temporary basis.
The moves came as law enforcement authorities in the Netherlands raided the Deuss family home in Berg en Dal, near Nijmegen.
The Deusses and Mr Ulrich are also officers of First Curacao International Bank (FCIB), a Netherlands Antilles-licensed bank wholly owned by John Deuss. It is BCB's biggest shareholder, with a 47 per cent stake.

http://news.independent.co.uk/business/news/article1603999.ece
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By rtway1 on 9/16/2006 8:27 PM
Sabew is just another in a list of molded principles that benefit those who wear the decoder ring. To give these idiots any more of our time is dumb. They are crooks and they know it, let it be and lets move on.
Lets talk about Reg. Sho. and the SEC backpeddle and Shelby hiding under his desk. I could care less about Jeff the smarm or GW the magician and all his puppets and Dave Kansas being affiliated with the ace of dwindling mad money accounts. Lets have someone show the math to make Cox look like a second grade dropout in arithemetic. Oh, we did that already, so lets start a boycott or a demonstration to remind these fine folks that are numbers are increasing daily and your name could be in the news tommorrow after a little discovery. Let the games begin. Dumpster diving would not be a good headline for a journalist.
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By jpc on 9/16/2006 9:52 PM
Re davidn on 9/15/2006 2:15 PM

davidn, I like your overview involving the bankerbrokers. I think it is spot on. Here is another piece. Going back to April 2000, can you imagine any reasons why it may have been “necessary” for the bankerbrokers to take the market down? In the derivative market, just how many call options had they sold and what was their liability? I think, for example, of a stock like Qualcomm with market cap over $100 Billion that went up something like 2600% in 1999 alone. Could that 2600% annual growth in any way be “covered” by the bankerbrokers safety net of statistical methods or were the bankerbrokers about to face two or three years of unimaginable liability attempting to unwind all those call options?
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By SEC working for YOU! on 9/17/2006 7:42 AM
Check out the part about the SEC "reprimanding" one of the perps twice before, once for stealing three million. Is this some kind of payola tactic for SEC staffers? Are Sec staffers running their own protection racket much like Spitzer has done? One has to wonder, again.

By: PATRICK WRIGHT - Staff Writer

An Encinitas investment manager is one of four men accused by the U.S. Securities and Exchange Commission of defrauding at least 70 investors of about $18 million. The SEC said the scheme was aimed at investors on fixed incomes.

Timothy J. Clyman, a financial planner and college-planning adviser, is alleged to have participated in the fraudulent offer and sale of securities from May 2004 until October 2005. The allegations are listed in a 16-page SEC complaint filed Thursday with the U.S. District Court in Topeka, Kan., where the men allegedly filed regulatory and sale-disclosure documents.

The SEC is asking the court to fine the men an undisclosed amount and freeze all remaining funds gained from the business practices.


Clyman, 51, who was a licensed securities broker until May 2004, didn't return repeated requests for comment.

The SEC filing alleges that Clyman and the three others created a purported hedge fund called Seaforth Meridian Limited. A hedge fund is a private investment fund that trades and invests in various assets, such as securities, commodities, currency and derivatives on behalf of its clients, typically wealthy individuals.

The SEC alleges that from May 2004 through October 2005, the men told investors on fixed incomes that their money would only be invested in secure investments, such as bonds and stocks of medium to large U.S. companies. The men said the investments would generate a monthly cash income for the investors.

Instead, the SEC said, they took the money and put $13.5 million of the $18 million into two, suspect, offshore accounts with no history of monthly returns. The men allegedly received $600,000 in kickbacks from managers of the two funds, Quantum and Meriton, and never returned money to the investors. The SEC has yet to find any of the $13.5 million from that investment.

The allegations aren't the first allegations against some of those accused. Alain A. Assemi, 39, fled to Switzerland from his home in Concord in September 2005 to avoid a civil suit for securities fraud in New York and separate SEC contempt action in Kansas.

Scott F. Klion, 38, has been reprimanded twice by the SEC, including once for a 1999 scheme that allegedly defrauded 1,400 people of $3 million. Klion hid his involvement in the practices through the use of two false names, James S. Tucker and David Tanner, the SEC said. The other man allegedly involved is a 39-year-old former securities broker from New York named John D. Friedrich.

Although the complaint said Klion was the first to begin the practices, it said that Clyman provided investors with false and misleading information while showing a "reckless regard for the truth."

Two other men, Henri B. Gontheir of Sarasota, Fla., and Frederich L. Winkler of Wellesley, Mass., were also named in the complaint for taking money for the accused men.

Contact staff writer Patrick Wright at (760) 739-6675 or pwright@nctimes.com.

http://www.nctimes.com/articles/2006/09/16/business/news/19_25_539_15_06.txt
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By Humpty Dumpty on 9/17/2006 9:03 AM
The reader would hardly have gained the impression that Fiorina was about to get the chop. In fact, it quoted "people close to the situation" as emphasising: "Ms Fiorina's job isn't on the line and that the board wants her to succeed. These people said the board isn't aiming to curb Ms Fiorina's power but to help HP more quickly meet customer demands and respond to competition from rivals like Dell Inc and International Business Machines Corp."
Two weeks later, she was gone.
But the fallout from this story continues to shake the venerable computer giant, leading to events which this week claimed the scalp of the chairwoman of the board, another director and raised questions about the ethics of some executives.

http://www.smh.com.au/news/business/folly-at-spook-inc/2006/09/15/1157827156473.html
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By bobo on 9/15/2006 11:19 AM
Stock manipulators are also an oppressed minority. They are clearly not the majority - most don't enjoy billion dollar lifestyles, complete control over the NY press, access to the top tiers of government, etc. - thus those that do are in the tiny minority. And oppressed! Why, imagine trying to steal a nation's retirement, and having to answer a bunch of stupid questions by some attorneys your buddies will be hiring in a few years. How annoying.

Time to start looking into Nicaraguan real estate. More honest. Less danger and corruption.
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By newspaper on 9/15/2006 11:41 AM
Bobo,

I did not listen or hear what happened at the rount table today. But I was hopeful that it might be a real discussion because of all the great comment letters that are up now regarding the failures of REG-SHO. I am very dismayed that this roundtable was a farce it does not bode well for the future.

Bobo if they did not take it seriously with today’s discussion what hope do we have that they will ever fix SHO? Will they remove the grandfather clause?
What if they leave everything as it is, and keep the status quo? What then? what do we do? what can we do?
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By Goofy on 9/15/2006 11:45 AM
so many secrets? shhhhh.....

Officials Ordered FCC Report Destroyed, Says Ex-Staffer
http://www.broadcastingcable.com/article/CA6372324.html

FCC Lawyer Says TV Study Was Hushed
http://www.latimes.com/business/la-fi-fcc15sep15,1,7906761.story?coll=la-headlines-business
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By davidn on 9/15/2006 12:05 PM
They are not short sellers. They are counterfeiters.

Short Sellers -> pent up buying, smooths extreme ups and downs -> good
Counterfeiting -> criminal theft -> bad

Short sellers borrow real stock that they actually deliver to the buyers. The lender is compensated by being granted margin credit on his or her account. If the lender pulls the certificate or sells the stock, then the borrower is squeezed and brings buying into the market.

Counterfeiters take the cash and deliver nothing in return.

It doesn't have the same ring when put that way:

"Counterfeiters are an oppressed minority"
"Murderers are an oppressed minority"
"Molesters are an oppressed minority"
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By particleswaves on 9/15/2006 12:11 PM
IMO the core of corruption lies with the cartel of private (and for profit) bankers ingeniously mis-named as "The Federal Reserve". Everyone in the short chain takes their clue from these past and present masters of manipulation. The Fed is the head of the octopus and directs it's subsidiary tentacles, identified individually as the SEC, DTTC, Cede & Co., Prime Brokerages, Market Makers. etc. Until we abolish the Federal Reserve the counterfeiting of both dollars and securities will continue to flourish. These poor trillionaires are also an "oppressed minority" and under no circumstances should be made to answer for their brillant leadership in the systematic looting of America.
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By InTheKnow on 9/15/2006 12:33 PM
They are running the worlds largest PONZI SCHEME and they know it.

Ponzi Schemes always go bust in the end... and time is running out.
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By gregcable2002 on 9/15/2006 1:05 PM
I guess they only discussed short selling and nothing more,it's like they were a group of doctors discussing a patient with terminal cancer who's experimental treatment was for pain,well,the drugs worked,no more pain,but the patient died,in which they failed to say anything about.
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By Wonder Boy on 9/15/2006 1:43 PM
I think, if I were REALLY rich, I would have an entire series of comical 'mini-ads' made concerning the SEC, it's people, the street, the press and the entire fraud situation that currently exists. The political type of 'attack ads' are also effective, but I think folks just prefer to laugh. Then I would run them on CNBC! Of course, it would all be fiction, but the characters are already in place (names changed to protect the guilty and me from lawsuits!).

Now, before you declare me totally insane, think about it for a while. Just take today's events where the SEC holds a roundtable discussion over some 'rule'. They fill the room with 'brilliant' advisors, loose control, and everyone goes off into tangential discussions. 'Larry Al a Mode'---just a fictional character with a misspelled name---goes off on a tirade about how ridiculous, sinful, unreasonable and anti-American it is to ask to get what you paid for---a car for example. Then we could have a political figure chime in with 'Yeah! Regulation costs money! It just makes things so much simpler if we give you a 'car entitlement and think about the savings to our economy!' By now, we are running short on time, but we might be able to squeeze a third character into this little skit. Maybe a Mr. T. O. Dogg, who proclaims that you are safe because his organization is protecting you and besides, it is healthier to walk anyway.

Well, give me a break! I am not rich, it's a Friday afternoon, and I am just having a 'dream entitlement'.
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By davidn on 9/15/2006 2:15 PM
This is a bit off topic and a repost, but re: banking.

1. All money is created by the act of borrowing. When you go to your bank and they give you a bank draft in exchange for a mortgage on your property, that draft is money created out of thin air. The US federal reserve note is a debt based currency (note means the privately owned Federal reserve owes you a dollar).

2. Only the principle is ever created, but the bankers want interest. The system is short an amount equal to the interest payments on all outstanding loans.

3. The only way to have enough money in circulation is to constantly grow the money supply, which means ever increasing levels of borrowing.

4. At some point, the public refuses to borrow. You need a war, space program, etc. to justify huge increases in government borrowing.

After that, the system goes exponential and collapses (hyperinflation) or there is a contraction in the money available (deflation).

Deflation is like musical chairs - there isn't enough money to measure economic activity so economic activity is forced to shrink.
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By Miss Quackfaster on 9/15/2006 2:20 PM
Rocks getting kicked over one by one, see mr/mrs/ms "squirmy"

Who is the foreign businessman?
Who was the Israeli telecommunications company?

According to his plea agreement, Ney twice traveled to London in 2003 and met with an unidentified foreign businessman who was hoping to sell U.S.-made airplanes and parts in an unspecified foreign country where U.S. export law prohibits them from being sold.

He also approved a license for an Israeli telecommunications company represented by Abramoff to install antennas for the House, the Washington Post reported last year.

http://www.upi.com/SecurityTerrorism/view.php?StoryID=20060915-013621-5544r
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By Bodnik on 9/15/2006 3:24 PM
SABEW removed two of my posts on the same subject. One before yours and one after. In my second post I asked them why they removed my first post, and what position they were going to take re Jesse Eisinger's possession of stolen bank and telephone records in view of their condemnation of the practice. I guess my answer is they don't want to answer. It's our blog and we don't want no stinkin' comments that point out our hypocrisy. These from the guys that say we will crush them and holds seminars on how to keep documents from state and federal investigators.
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By newspaper on 9/15/2006 3:44 PM
So is Weiss Tomstoner and Mantanmoreland?

The WIKI article on NSS is an embarrassment of the highest magnitude.
Every single section, paragraph and sentence defends and legalizes naked short selling.

The entire article can be summed up like this

It is Pro-naked short selling
It Completely removes the fact that naked short selling is illegal or a nefarious activity
It Casts doubt on the people and companies that try to fight or want to end NSS as scammers and lunatics
It Recommends Gary Weiss and his books as the ultimate authority on this topic
It completely takes the SEC and DTCC stance that this is a complete non-issue

Did Weiss write that entire article? Does he have complete authority over the content on that WIKI page?
That WIKI article is a complete and utter embarrassment. It is also probably the worst case of misinformation I have seen in a long time.
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By newspaper on 9/15/2006 4:31 PM
This is what I think the SEC will do when they change SHO

1ST they will increase the time from T+13 to T+35

Second they will eliminate the grandfather provision.

But what I don’t get, and please correct me if I am wrong.
So what if they get rid of the Gfather clause. The SEC does not Require closeout it only Recommends it.

There are new securities that go on SHO everyday and they linger for far more than T+13. PPS goes down market cap goes down and there is no forced closeout. After the security comes off of SHO it is in much much worse shape than when it went on in the first place.

With grandfather or not securities are going to go on SHO. Once they get there they will linger while the obliteration process occurs and completes. Once they have stripped the stock of 90% of more of its value they will cover and then the thing will come off of SHO.

What the hell good is removing the grandfather clause going to do any of us? It looks to me like it will just be a cosmetic change and once it’s done it will be one less thing we can cite and use against the broken and corrupt SEC and DTCC.
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By Miss Quackfaster on 9/15/2006 4:39 PM
pecking order is about to change.

The foxes are headed for the hen house.

Roosters better crow while they can.

FBI Assistant Director Chip Burrus, head of the Criminal Investigative Division, put the Ney plea deal in context, stressing that it is just part of a much wider federal crackdown on corruption. "The FBI is deeply committed to tackling corruption anywhere we find it—this is our promise to the American people, and corruption is the FBI's top criminal priority," he said. "We have more than 600 agents and dozens of analysts working more than 2200 investigations in all 56 field offices right now. Nationwide indictments are up 40 percent. In the past year alone, we have had over 950 arrests, 700 convictions, over 300 million dollars in restitution and over 15 million dollars in fines. The FBI participates in over 30 public corruption task forces and over 100 public corruption working groups." With that kind of tough talk, no one on Capitol Hill remotely linked to Abramoff will be breathing easy for quite some time.

http://www.time.com/time/nation/article/0,8599,1535551-1,00.html
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By Huey, Duey & Louey on 9/15/2006 5:05 PM
For the Lando clan, the business of lending stock to short-sellers is a family affair. But now some investigators are wondering if something more may have bound the Landos together.
The lucrative niche this New York-area family has carved out is now being threatened by a wide-ranging investigation into alleged securities lending improprieties. Several members of the Lando family are drawing scrutiny from regulators and prosecutors, who are examining stock-loan transactions in which multiple family members allegedly had a hand in either negotiating or arranging.
In July, TheStreet.com was first to report that federal prosecutors had launched a broad probe into price gouging in the market for borrowed stock. The government is probing allegations that employees of some Wall Street trading desks were either receiving kickbacks from, or splitting fees with, so-called stock-loan finders.

http://www.thestreet.com/_tscfoc/newsanalysis/wallstreet/10308760.html
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By wiki on 9/15/2006 6:56 PM
newspaper

Anyone of us can edit a wiki article - go ahead and change weiss's changes and we will all do the same.

Majority rules if the editors get involved.
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By Niel Storts on 9/15/2006 6:58 PM
"Bob", time to drag the rifle out. Told you.
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By YourBestestBuddy on 9/15/2006 9:13 PM
How funny, Bob complaining that some other blog removed his comments.

Yet that's exactly what Bob does right here on his own blog.

Pot, kettle, black.
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By rtway1 on 9/15/2006 7:14 PM
I think this bullshit organization needs more attention and paperwork. And Best Buddy hopefully Santa Claus may give you a set of gonads so that you don't have to hide. Cowards love to hide in the same hole.
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By InTheKnow on 9/15/2006 8:21 PM
YourBB...

Oh Please! He gave you fair warning about your bullshit biased posts and then when you continued he pulled them. Bashers like you suck wind! Go back to lil GW and stay there.
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By bobo on 9/15/2006 9:28 PM
YourBB: InTheKnow is correct. I warned you maybe 4 times to knock off the idiotic Yahoo-type bashing, and indicated it wouldn't be allowed here. You continued, I made good on my promise. Here you are again, spewing venom and contributing nothing.

Here are the facts. Jesse called quite a few unlisted numbers that were called from an NCANS cell phone. I can get affidavits from those he called, several of whom directly questioned how he got the numbers - to which he never responded. He also did an interview where he had very specific questions about specific transactions in an attorney-trust account at a bank - not only attorney-client privileged, but also covered by bank privacy laws.

He has never explained to anyone how he came to be in possession of those numbers and information. All the WSJ did was issue a bland "we're sure nothing illegal was done" CYA piece, after which he dropped the scam like a hot potato.

I am more than willing to take my claims into any court in the country and allow the WSJ to explain how their employee had private cell records and unlisted beeper numbers and the like. I can get the affidavits, and even better, if it comes to that, I can correlate his calls via his records in discovery. So he can't claim he didn't do it. He can only try to present an explanation of how he didn't realize those were all illegally obtained. Good luck.

That SABEW pulled my comments speaks to intellectual honesty. They condemn a behavior that their current president allowed his employees to engage in on his watch, and even defended via his shysters. They cover up any mention of it, and take the stance that it never happened - I suppose their contempt for their readership extends to that readership's memory, which isn't an unfair bet most of the time. That sort of whitewash/cover-up and double standard is not the action of an ethical, free press. That is the action of a defensive, arrogant group that considers themselves to be above the laws they clamor to have protect them. I find it hypocritical, and I despise it, as should everyone.

That you don't speaks volumes.

As to dissenting views, you will note that guys like Jeff Mitchell aren't censored. They can be adversarial and question my honesty and my veracity, but I don't mind that as it is done with intelligence and a legitimately contrary perspective, hence it stands. What I don't allow is your flavor of toxicity, in that it adds nothing and it contributes even less. It is simply insulting. That I won't permit.

Please go find somewhere where your ample talents are better appreciated. I'm afraid your brand of acidity isn't welcome here.

Can't say you weren't warned.
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By Just Do It on 9/16/2006 9:29 AM
Bob,

Why don't you just do the inevitable and sue WSJ for the bank records/phone logs crime? Wouldn't the same lawyers going after Rocker also want to go after his good buddies Dave Kansas and Jesse Eisenger?

Then I'm sure Colarusso and Greenberg would condemn the WSJ's "pretexting" on CNBC 3 times an hour....lol.
Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By gregcable2002 on 9/16/2006 5:51 AM
Off topic but good reading.
OT. Three cheers for the Aussies. Read this...
Want to move to Australia ?
>
> Every now and then a good idea comes along. Share it with your family and
> friends, and elected representatives.
>
> Muslims who want to live under Islamic Sharia law were told on Wednesday
> to get out of Australia , as the government targeted radicals in a bid to
> head off potential terror attacks.
>
> A day after a group of mainstream Muslim leaders pledged loyalty to
> Australia and her Queen at a special meeting with Prime Minister John
> Howard, he and his Ministers made it clear that extremists would face a
> crackdown. Treasurer Peter Costello, seen as heir apparent to Howard,
> hinted that some radical clerics could be asked to leave the country if
> they did not accept that Australia was a secular state, and its laws were
> made by parliament. "If those are not your values, if you want a country
> which has Sharia law or a theocratic state, then Australia is not for
> you", he said on national television.
>
> "I'd be saying to clerics who are teaching that there are two laws
> governing people in Australia : one the Australian law and another the
> Islamic law, that is false. If you can't agree with parliamentary law,
> independent courts, democracy, and would prefer Sharia law and have the
> opportunity to go to another country, which practices it, perhaps, then,
> that's a better option", Costello said.
>
> Asked whether he meant radical clerics would be forced to leave, he said
> those with dual citizenship could possibly be asked to move to the other
> country. Education Minister Brendan Nelson later told reporters that
> Muslims who did not want to accept local values should "clear off.
> Basically people who don't want to be Australians, and who don't want to
> live by Australian values and understand them, well then, they can
> basically clear off", he said.
>
> Separately, Howard angered some Australian Muslims on Wednesday by saying
> he supported spy agencies monitoring the nation's mosques Quote: "
> IMMIGRANTS, NOT AUSTRALIANS, MUST ADAPT . Take It Or Leave it. I am tired
> of this nation worrying about whether we are offending some individual or
> their culture. Since the terrorist attacks on Bali , we have experienced a
> surge in patriotism by the majority of Australians."
>
> "However, the dust from the attacks had barely settled when the
> 'politically correct' crowd began complaining about the possibility that
> our patriotism was offending others. I am not against immigration, nor do
> I hold a grudge against anyone who is seeking a better life by coming to
> Australia "
>
> "However, there are a few things that those who have recently come to our
> country, and apparently some born here, need to understand." "This idea of
> Australia being a multicultural community has served only to dilute our
> sovereignty and our national identity. As Australians, we have our own
> culture, our own society, our own language and our own lifestyle." "This
> culture has been developed over two centuries of struggles, trials and
> victories by millions of men and women who have sought freedom" "We speak
> mainly ENGLISH, not Spanish, Lebanese, Arabic, Chinese, Japanese, Russian,
> or any other language. Therefore, if you wish to become part of our
> society, Learn the language!"
>
> "Most Australians believe in God. This is not some Christian, right; wing,
> political push, but a fact, because Christian men and women, on Christian
> principles, founded this nation, and this is clearly documented. It is
> certainly appropriate to display it on the walls of our schools. If God
> offends you, then I suggest you consider another part of the world as your
> new home, because God is part of our culture ."
>
> "We will accept your beliefs, and will not question why. All we ask is
> that you accept ours, and live in harmony and peaceful enjoyment with us."
> "If the Southern Cross offends you, or you don't like " A Fair Go", then
> you should seriously consider a move to another part of this planet. We
> are happy with our culture and have no desire to change, and we really
> don't care how you did things where you came from. By all means, keep your
> culture, but do not force it on others.
>
> "This is OUR COUNTRY, OUR LAND, and OUR LIFESTYLE, and we will allow you
> every opportunity to enjoy all this . But once you are done complaining,
> whining, and griping about Our Flag, Our Pledge, Our Christian beliefs, or
> Our Way of Life, I highly encourage you take advantage of one other great
> Australian freedom, 'THE RIGHT TO LEAVE'."
>
> "If you aren't happy here then LEAVE. We didn't force you to come here.
> You asked to be here. So accept the country YOU accepted."



Re: SABEW - Censorship and the Art of War; SEC Roundtable Group Grope By Little Bo peep on 9/16/2006 9:27 AM
Bestest Buddy you seem to have time on your hands.
Do us all a favor and tell us about this cluster ____compaq-hp get together went.

Carleton Florina and Patricia Dunn are scapegoats.

Look under the hood and see if you can find the "stinky" for us.
Dodge & Cox inc. 125,325,142
State street Corporation 121,378,788
FMR corporation 112,859,272
AXA 94,049,287
Barclays Global 92,085,482

Can you now Bestest Buddy?
It is always nice to have buddies.

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