I noticed that Nasdac delisted a number of Chinese companies for liying on the SEC finical
reports they made. Bravo! I have heard experts ask "what it is going to take to get the
US investor back in the market and the econmey running again?" Of course the answeer is confidence. How is the average investor ever going to have any cofidence in a market over
run by outlaws that stomp right over the SEC and the DOJ.
Most big oil companies seem to be listed on the NYSE. Lets just pick one out of the air, Chevron.
Though there is a long long list of oil companies that have been found guilty from stealing from
the royalty trusts they partner with to find our nations needed resource. Cheveron rises to the
cream of that crop.
Why is the NYSE not intrested in this stealing from investors? Why is the small investor afraid to invest? One question answers the other. The honest members of US exchanges (if there are any)
must put pressure on the exchange to police there less than honest members. Someone Google
the word honor and see what it means. Nasdac made this a requirement for these Chinese
companies to come back to the table and it seems to be working.
Try it NYSE, you might like it!
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