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  • From: Ngabbard AT aol.com
  • To: market-farming AT lists.ibiblio.org
  • Subject: Re: [Market-farming] Re: Prices
  • Date: Thu, 9 Jan 2003 17:44:20 EST

<<jay gee said:  "Don't be surprised if the FTC and Dept of Ag. use programs
to sift email searching for price related discussions."

<You have got to be kidding.  That is the most ludicrous statement I've heard
since Y2K...Talking about pricing is not price fixing

I tend to believe what Jay is saying.  The government does go after people for what others might see as ridiculous reasons.  Let me tell you a little story about the SEC.  An officer of a publicly traded company was going through a divorce.  His wife noticed he was working late nights which was not a common occurrence.  In the past when he worked late nights there was a merger deal in the works.  The company's stock always went up when a merger was announced.  The woman told her brother who was in a financial bind.  He bought the company's stock and shortly thereafter the merger was announced, the stock went up, and the brother sold taking a profit.  The SEC prosecuted the corporate officer for tipping the brother, even though he was totally innocent.  All he did was go to work and come home from work later than usual.  The guy had to pay a fine of something like a quarter million bucks and also did some jail time if I remember correctly.

Also, thanks to the Patriot Act the government IS searching email messages.  This is a fact, not paranoia.

Nanci



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