Let's face it, Southern poverty is overwhelming, and usually that gets kind of papered over for the rest of us because of the charm of places like New Orleans. But it's pretty grim, really, and now we're being reminded of that.
There's two reasons: One is geographical, when you're in the middle of the fastest-growing part of the country, near these big urban centers, the richest places always have the highest costs, partly because they're successful.
Probably the poster child for us is the case that we brought against W.R. Grace and some of its senior folks, in which we charged that they had managed earnings by setting up, if you will, a cookie jar reserve,
Fair competition and effective self-regulation are hallmarks of our securities markets. The options exchanges named in today's [Monday's] enforcement actions did not fulfill adequately their responsibilities in both respects.
As fraudsters sow their seeds of corruption in the entertainment industry, the SEC, FTC, and NASAA are striking back by filing dozens of fraud cases against individuals and firms that prey on unsuspecting investors,