Serge Birbrair

Auction Rate Securities: Who's To Blame?

Michael Steinberg, do you have proof that Attorney Generals have no sympathy for investors or is it hearsay? I don't want to be "lolled into complacency" and I am questioning your expertise on the subject.

How could investor know that investor was buying the long term bond when no prospectuses were offered and the only information investor could rely upon were:
words of their brokers
published materials by brokerage companies telling them that the investment was "Cash Alternative"?

I appreciate your Monday Quarterbacking, but I see no substance in your post whatsoever.

There is a poll going on if you are incompetent or just enjoy your pontifications, stay tuned, we'll know by the end of the day from investors.
nothingcontroversial.c...

Have a nice day and do me a favor, do some due diligence before you write your next "well informed" opinion.

P.S. when you get the proof about the alleged positions of AG's we, the investors, are in the constant contacts with - please feel free to post them here for all to see how right you were.

All - this will be a very long wait, bring your pop corn and folding chairs.