Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Euro's Loss = Gold's Gain?
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 1453890, member: 26302"]Sorry for my tone earlier Inflexion. As a background I have worked at a company who paid a $42 million dollar fine when they did nothing wrong, since to fight it would have angered regulators and the company would have been more damaged by forebearances while we were fighting it than the fine cost. I didn't make this decision but I would have if it had been mine to make. </p><p><br /></p><p>My only point sir is issues like that are easy for the general public to misjudge unless they know the regulatory environment businesses face, and have to deal with. I would say at least half of all fines levied on business are unwarranted but business pays it for fear of regulatory retaliation. The general public does not know this, so its easy to get persuaded that paying a fine means admitting guilt. </p><p><br /></p><p>Same with Maquire's emails. I don't know anything about them, but even if true, what does this PROVE? Does it prove he knows illegality is going on, or does it prove he is good at analyzing the market? Proof is what lawyers need, not coincidences. Technical issues like this are a lot like the fine thing, its very easy, if you do not know the background very well, for someone to get convinced of something that simply is not true.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1453890, member: 26302"]Sorry for my tone earlier Inflexion. As a background I have worked at a company who paid a $42 million dollar fine when they did nothing wrong, since to fight it would have angered regulators and the company would have been more damaged by forebearances while we were fighting it than the fine cost. I didn't make this decision but I would have if it had been mine to make. My only point sir is issues like that are easy for the general public to misjudge unless they know the regulatory environment businesses face, and have to deal with. I would say at least half of all fines levied on business are unwarranted but business pays it for fear of regulatory retaliation. The general public does not know this, so its easy to get persuaded that paying a fine means admitting guilt. Same with Maquire's emails. I don't know anything about them, but even if true, what does this PROVE? Does it prove he knows illegality is going on, or does it prove he is good at analyzing the market? Proof is what lawyers need, not coincidences. Technical issues like this are a lot like the fine thing, its very easy, if you do not know the background very well, for someone to get convinced of something that simply is not true. Chris[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Euro's Loss = Gold's Gain?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...