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JAY CLAYTON head of the SEC points to Bill Hinman's speach for guidance on video


HAL1000
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  • HAL1000 changed the title to JAY CLAYTON head of the SEC points to Bill Hinman's speach for guidance on video

Looking really bad for Gary, they are now depending on changing history to make their new stories fit.  His only weapon is extending deadlines (delay costing ripple money), but as he extends the deadlines he also confirms the contradictions (and the lies) on which the SEC prosecution has been built.  Netburn is giving him minimum extensions, which look like good news for SEC but if you scale back and look at the bigger picture the trade off is really bad value.   

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8 minutes ago, Julian_Williams said:

Looking really bad for Gary, they are now depending on changing history to make their new stories fit.  His only weapon is extending deadlines (delay costing ripple money), but as he extends the deadlines he also confirms the contradictions (and the lies) on which the SEC prosecution has been built.  Netburn is giving him minimum extensions, which look like good news for SEC but if you scale back and look at the bigger picture the trade off is really bad value.   

:)

If you give someone the opportunity to do something wrong or detrimental to themselves, they will usually do it; one does not need to interfere to bring about someone's downfall. The full version is "Give one enough rope, and one will hang oneself." Don't interrupt him with questions.

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Keep in mind that Robert Jackson as a SEC commissioner at the time, ALSO publicly pointed to Bill Hinman's speech as SEC guidance:-

And as he said, "Hinman's speech and the chairman's work on this, has moved the market forward a great deal"

So JC chairman of the SEC + Robert Jackson (SEC commissioner) + of course Bill Hinman himself (SEC's head of corporate finance) + Hester Pearce (SEC commissioner as shown below), have all appeared in public forums on video pointing to Bill Hinman's speech as MARKET GUIDANCE.

This is farcical beyond belief.

Edited by HAL1000
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It's quite simple really...

 

Bill's personal opinion was, in the SEC's opinion, official guidance to personnel, so that they could personally, in their opinion, guide market participants officially, to personally inform their personnel, that in their opinion, the guidance is the official opinion of the SEC's official opinion guidance person.

 

What's so hard about that?

I don't know why you guys are making it so complicated.

:unknown:

 

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And for all the noobs who have no idea who Bill Hinman is or what is being discussed, here is the man himself, SEC logos included and 15 million dollars richer (how did he manage that?):-

 

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