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Old 11-12-2004, 05:09 PM   #3511
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Originally posted by ltl/fb
Your hole seems to be sealed quite tightly shut. I am concerned for your health.

Maybe I should borrow some of your pills, oh Paragon of Mental Health.
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Old 11-12-2004, 05:23 PM   #3512
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Originally posted by ltl/fb
I need an unmarried, unattractive cow avatar.
Cut to size.

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Old 11-12-2004, 05:30 PM   #3513
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23 Skidoo!
Kick out the JAMS, motherfucker.
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Old 11-12-2004, 05:31 PM   #3514
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Originally posted by Oliver_Wendell_Ramone
Kick out the JAMS, motherfucker.
I can deal with petty taunts.

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But old Mother Chaos is winning the race."
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Old 11-12-2004, 05:34 PM   #3515
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Oliver_Wendell_Ramone
Kick out the JAMS, motherfucker.
Don't be doin' anything too hasty there, Ramone.

We don't want another one of you guys dying so soon.
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Old 11-12-2004, 05:36 PM   #3516
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What's the statute of limitations for a political bumpersticker after the election has been lost?
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Old 11-12-2004, 05:36 PM   #3517
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Originally posted by Bad_Rich_Chic
Yes, if the relevant prohibitions are house/senate rules, not the SEC regs.
I'm not convinced that there weren't some violations of securities laws as well, but even making that assumption, I believe (though this isn't my specific area of expertise) that the insider trader laws have been expanded by some courts to cover information received through a source, other than the issuer, if the discloser had a duty to keep it safe and the person trading on the information new that duty had been breached.
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Old 11-12-2004, 05:39 PM   #3518
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Quote:
Originally posted by Replaced_Texan
What's the statute of limitations for a political bumpersticker after the election has been lost?
24 hours. 25, if you don't have the nail polish remover to get it off.

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Old 11-12-2004, 05:39 PM   #3519
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Quote:
Originally posted by Replaced_Texan
What's the statute of limitations for a political bumpersticker after the election has been lost?
Hang onto it long enough and it's cool again. Particularly if the political winds change (McGovern '72, Reagan '76). Some are never going to be cool, though (Dukakis '88, Lamar Alexander (any year)).
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Old 11-12-2004, 05:44 PM   #3520
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Quote:
Originally posted by Bad_Rich_Chic
Yes, if the relevant prohibitions are house/senate rules, not the SEC regs.
I'm not really sure what we're debating, other than the last couple of tidbits, but wouldn't how the information is required to be treated by the House (or Senate) be relevant to determining whether it was "public" or not for purposes of determining improper trading? I mean, if the Wall St. J. is on newstands at 4:00am, can't you start trading on information therein at that point, regardless of whether you might have had earlier access to it?
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Old 11-12-2004, 05:45 PM   #3521
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Quote:
Originally posted by Replaced_Texan
What's the statute of limitations for a political bumpersticker after the election has been lost?
24 hours, other than in Massachusetts, when it's a statute of repose for 12 years, but then becomes a hallmark of "I was there", like McGovern (Hi Ty!) or "The Impossible Dream", and that your car has survived that long in the salt and snow of NE..
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Old 11-12-2004, 05:46 PM   #3522
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Quote:
Originally posted by Replaced_Texan
What's the statute of limitations for a political bumpersticker after the election has been lost?
On the car, not very long. If your candidate won, maybe a little longer. Otherwise, maybe until the inevitable "Don't Blame Me..." bumperstickers are released.
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Old 11-12-2004, 05:57 PM   #3523
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Originally posted by sgtclub
It was only that portion that was convenient
Well, this is a service business. Some place a premium on convenience.
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Old 11-12-2004, 05:58 PM   #3524
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Quote:
Originally posted by SlaveNoMore
Don't be doin' anything too hasty there, Ramone.

We don't want another one of you guys dying so soon.
There were 23 songs on their first album.
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Old 11-12-2004, 06:04 PM   #3525
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Quote:
Originally posted by sgtclub
Without thinking to hard about this, I think you are right regarding that example, though I would bet dollars to doughnuts that there are non-securities laws that prohibit using the information. My guess is that these trades were based on non-public info disclosed directly to the Senators by the issuer, probably as a result of requests for information from particular sub-commitees.
Precisely. I was thinking of the senators as tippees w/r/t non-public info from contractors about to benefit from appropriations bills. The tippees would have the fiduciary duty and the senators would receive non-public information with full knowledge, etc.
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