Thursday, August 23, 2012

TAUNTING THE GOVERNMENT LEADS TO ANALYST'S DOWNFALL

NYT - Mr. John Kinnucan, founder of Oregon's Broadband Research, pled guilty of sharing insider information with customers evidenced by wiretaps, witnesses and instant messages. He could face many years in prison but is likely to settle on up to 5 years when sentenced. Mr. Kinnucan has been a long-time critic of government programs and actions relating to Wall Street regulations and controls. In one instance, he sent a voice mail to a United States attorney proclaiming "Too bad Hitler's not here. He'd know what to do with you". It's a good idea to be at least civil to someone who might be holding your fate in his hands.

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