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SCUM - Spinners Covering Up Malfeasance More and better
particulars: DeScum SA
You are asked to contribute your suggestions; JohnRobertson@freedomsolution.info Last updated
March 8, 2004
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A
general report on spinning can be found at: http://www.prwatch.org/spin/ The start looks like this:
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For a Google page on Cover-up go to
http://www.google.com.au/search?sourceid=navclient&ie=UTF-8&oe=UTF-8&q=cover%2Dup
Definitions Malfeasance is: (extortion) Illegal or
unethical conduct; wrongdoing beyond simple negligence. The term is found in
public officials' professional liability policies. Misfeasance is: Negligence, incompetence, or the improper performance
of a legal act. The term is found in public officials' professional liability
policies.
Nonfeasance is: fallure to perform, or complete neglect of, a
required legal or contractual duty. The term is found in public officials'
professional liability policies
The part
of Editorial below is an interesting example of aiding and abetting http://www.miami.com/mld/miamiherald/news/editorial/6422111.htm it is in Google: http://www.google.com.au/search?q=aiding+and+abetting&hl=en&lr=&ie=UTF-8&oe=UTF-8&start=10&sa=N |
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Editorials
It s highly unusual for the nation's two
largest banks to be taken to the woodshed by prosecutors and regulatory
enforcers, and even more humiliating when they are forced to cough up more
than $300 million in fines and penalties. But the role that Citigroup and
J.P. Morgan Chase banks played in helping to deceive investors about the
financial charade at Enron was so crucial -- and so wrong -- that they are
lucky to have gotten off with mere fines in a settlement with prosecutors and
the Securities and Exchange Commission. Enron's shenanigans, abetted by the
banks, may be too convoluted for the average investor to grasp easily, what
with fancy jargon about ''mark-to-market accounting'' and ''special purpose
entities.'' But, in essence, the whole thing was as simple as a child's game
of Ring Around the Rosie: The banks would lend money to Enron, in some
cases even setting up fronts that appeared to be independent entities, and
Enron then would report the money as revenue. Then the loan was repaid to the
banks, thus closing the ring. The purpose of the phony-revenue stream, which
involved $8.3 billion in loans, was to justify the huge and equally phony
profits that Enron was generating. It is my view that Hon Robert Lawson QC deliberately aided and abetted Acting Deputy Commissioner of Taxation, William Parker, extort money with malfeasance from about 100 South Australians. As the convener of Highly Effective Law Party (HELP) I would like to see HELP become the South Australian Government and have Lawson investigated with the view of prosecuting and jailing him. |
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