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Bloomberg Pushes Lawsuit Cap

Submitted by T. Koranda, Jan 22, 2007 14:20

It's bad enough that investors have to bring their complaints to arbitration panels instead of court. And we all know how arbitrators are employed by the exchanges, which is why only in rare instances investors are made whole. Now you want to further dismantle investor protections to benefit the very firms and clients that preyed on investors the last time around -- the same firms whose wrongdoing made Sarbanes-Oxley necessary. Shame on you folks. If you want to create more jobs for swindlers, why not simply lock them up and train them to make license plates?


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It's bad enough that investors have to bring their complaints to arbitration panels instead of court. And we all know...

T. Koranda 

Jan 22, 2007 14:20

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