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· Gold Bullet Member and Noted Curmudgeon
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Andrew M. Calamari, associate director of enforcement in the Securities and Exchange Commission's New York office, said the SEC had filed a civil securities fraud charge as well and was alleging "a stunning fraud that appears to be of epic proportions."

We have a squid (a literal squid, an ink-squirting cephalopod, rather than a sailor) high in the enforcement arm? No wonder a lot of stuff has been going on for a long time...
 
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