Seeking Alpha

QUESTIONABLE » Comments » Single Comment |

  • Can the SEC Really 'Quell Rumors'? [View article]
    I remember a time when any use of the media to make a statement positive or negative about a company was a Felony and the person making the statement faced time in CLub Fed. This has become a major issue that needs addressing. Just because some firm a week ago stated that General Motors in their employees opinion may be looking at bankruptcy the stock fell and fell fast. Would anyone reading this like it if someone got on the news and made a comment about your employer and the next day their stock fell so much you were told you were out of work???? A prime example, under the law a Corporation operates as an individual, it can buy, sell, pay taxes, and be held liable in civil court. You as an individual though you are a real person are to be free from falsehoods, lies and can sue civilly any person who slanders your character, in most States you can file Criminal Charges and have the person arrested. This has been allowed to go on for too long.... but, the same companies that took advantage of this by spreading their own positive rumors to drive their stock prices up are now being the ones getting the negative rumors....... unfortunately Real People and their Families suffer with the job loses.. Wake up America.
    Jul 14 15:57 pm |Rating: 0 0
All Comments by QUESTIONABLE »
Comments by Ticker
QUESTIONABLE's
Comments Stats
16 comments
Rating: 0 (0 - 0 )