The SEC only has civil jurisdiction, not criminal. The only thing the SEC can do is levy fines and bar company officers from being officers. The DOJ (FBI) will have to get involved for indictments to happen.
But what the subpoena is not is a "request". I'm pretty sure that CEOs generally don't want to get a subpoena from the SEC.
Also, you used the phrase "back-bencher," but you don't seem to comprehend the meaning. It means you. Not just them.
Bitch, here on Slashdot, I am the very definition of a front-bencher. I got a motherfucking bench down in front all to myself. It's possible that nobody wants to sit near me, but nonetheless, the bench is in front. I'm like goddamn Jack Nicholson at a Lakers game up in here.
Being asked for information when the public is wringing their hands, as you are, is not "serious trouble."
A subpoena is not "asking". It is demanding, and to get one you have to convince a judge that there is probable cause. You can consider it a search warrant, except for documents, testimony and information instead of physical evidence.
I'm not one to say, "I told you so", but if you look at the comments from when this story first came out, you will see I commented that his obvious attempt to manipulate stock price could get him in serious trouble with the SEC. A long thread of Musk fans and the Anonymous Coward telling me that was nonsense and nothing Musk did was improper followed. Matter of fact, the thread is still active with back-benchers arguing with me about how Musk doesn't need to do any of this because he's a billionaire and really doesn't care about the stock price of Tesla.
f you do not need to worry about basic life security, then NOTHING is desperate. It can be intense, but perhaps we have different understandings of the word "desperate".
I think maybe you are unfamiliar with the mentality of a billionaire. It takes a different kind of psychology to want to get that rich. I admit, it's kind of alien, but there really is no other explanation for someone to want to amass that kind of fortune.
You or I might have enough socked away to live comfortably for the rest of our lives and we'd feel fulfilled. We'd do good works for people and enjoy life. A billionaire, by definition, has a hole inside him that no amount of wealth can ever fill up, but is consumed with fear of losing.
I think there's been a significant rise of opinion pieces that are passed off as 'news'. I also find opinions laced into articles either through manipulative language or statements not backed by facts (and refuted by other news media articles) on a greater frequency than before.
Give us some examples.
Usually, when someone gives an example of a news article that is without bias, it's really just an article that conforms to their own bias.
News has always had bias. Journalism has always had bias. But as long as there is the name of a real person attached to that news, you can at least take the bias into account. Now, there are sources of fake news that are not anonymous, but everyone knows who they are (Infowars, The Onion, Breitbart, etc). But for the most part, most of the fake news is created and spread by anonymous actors.
And there's one sure-fire way to identify a non-anonymous source of fake news: see how often they retract or correct a story that's been shown to be wrong. If they do it on the regular, they're not a fake news source. If they do it very seldom or never (Infowars, Bretibart, Fox News), then they're sources of fake news.
"“I’ve created over a million jobs since I’m president.” — President Trump, remarks on infrastructure, Aug. 15, 2017
“I think if we continue to create jobs like I’ve done — over 1 million since I’ve been in office, way over 1 million.” — Trump, remarks at rally in Phoenix, Aug. 22, 2017
We're confusing manipulative lies with opinions incompatible with the worldview of a segment of the population, and it will destroy us.
Actually, no one is confused by the difference between incompatible worldviews and fake news except for the people who want to believe fake news or those whose political careers are based on calling real news "fake".
The only thing more obvious than fake news is someone who believes President Obama only created 175,000 jobs for black workers.
it is not to be confused with The Red Bloom: a scourge which plagues Florida in the form of an overweight bald methamphetamine addict in a cape fashioned from a bath rug who steals urinal mints from hotel bathrooms and once consumed nearly ten kilos of frosting at a pastry factory in Tallahassee
Uhhh, there's currently a labor SHORTAGE. That drives up wages. Isn't that like economics 101?
I guess Econ 101 was horseshit, because it's not working that way. There is currently a wage recession going on. For the vast majority of workers, wages have gone down under Trump.
But I really would like someone to explain to me how it can possibly cost 6.3 million dollars a year for such an incredibly simple function/technology.
Simple. It's about $300,000 to keep the program running, and the other $6 million is so that Wilbur Ross never has to fly commercial.
As much as I dislike Trump, the specific line items in the budget are decided by Congress.
Wrong. Not with a department within a department. Do you believe Congress approved the spending for Trump's Space Force?
You really think every time Wilbur Ross decides to take a private plane instead of a commercial airliner that Congress has to approve that?
Plus, if you go to the NIST's own website, this is what they say on the matter:
" The FY 2019 request is a net decrease of $49.0 million from FY 2018 levels. The proposed reductions will allow NIST to consolidate and focus on narrower core SI measurement programs while meeting budget levels.
In other words, they took a program that had been budgeted and decided to cut it. It wasn't Congress' decision, it was the executive branch.
"$6.3 million supporting fundamental measurement dissemination, including the shutdown of NIST radio stations in Colorado and Hawaii."]
The NIST is under the Secretary of Commerce, Wilbur Ross, who is a cryptkeeper who only stays alive through daily applications of graft and corruption. Here's an article about just how corrupt this ancient swamp thing really is.
The $6,3 million saved will pay for a lot of KFC Gravy Bowls on Air Force One. Plus, Colorado and Hawaii voted for Hillary, so fuck them libs, amirite? Trump is just that kind of petty degenerate..
Somehow or another, I doubt that Mr. Musk is desperate about anything. I have no inside information, but his needs are likely taken care of for the rest of his life.
You think Elon Musk is in business for sustenance? Why do you think he's still doing anything? He's going for high scores now, and yes, chasing high scores can make you desperate.
Even the people on the boring business shows where they have stock tickers running across the screen have been saying this is a dangerous game Musk is playing. The SEC takes maniuplating stock prices very seriously.
Just the ones who can't pass the brown paper bag test. Apparently, Trump's hotels and condos are very popular with pregnant Russian women looking for a US passport, and I haven't heard a word about it out of that degenerate's mouth.
OK, this must be the old man thread, so here I am.
When I was growing up, our family's shared computer was an abacus. When I got ready for college, my dad splurged on an upgraded abacus with a serial port so I could hook up a 300 baud modem.
Slashdot Mirror
But what the subpoena is not is a "request". I'm pretty sure that CEOs generally don't want to get a subpoena from the SEC.
Bitch, here on Slashdot, I am the very definition of a front-bencher. I got a motherfucking bench down in front all to myself. It's possible that nobody wants to sit near me, but nonetheless, the bench is in front. I'm like goddamn Jack Nicholson at a Lakers game up in here.
A subpoena is not "asking". It is demanding, and to get one you have to convince a judge that there is probable cause. You can consider it a search warrant, except for documents, testimony and information instead of physical evidence.
Take it easy, Elon.
I'm not one to say, "I told you so", but if you look at the comments from when this story first came out, you will see I commented that his obvious attempt to manipulate stock price could get him in serious trouble with the SEC. A long thread of Musk fans and the Anonymous Coward telling me that was nonsense and nothing Musk did was improper followed. Matter of fact, the thread is still active with back-benchers arguing with me about how Musk doesn't need to do any of this because he's a billionaire and really doesn't care about the stock price of Tesla.
Well...
https://youtu.be/9AajslFuPro
Here is the thread. I told you so.
https://slashdot.org/comments....
I think maybe you are unfamiliar with the mentality of a billionaire. It takes a different kind of psychology to want to get that rich. I admit, it's kind of alien, but there really is no other explanation for someone to want to amass that kind of fortune.
You or I might have enough socked away to live comfortably for the rest of our lives and we'd feel fulfilled. We'd do good works for people and enjoy life. A billionaire, by definition, has a hole inside him that no amount of wealth can ever fill up, but is consumed with fear of losing.
Which record is that? What record has this economy broken?
Give us some examples.
Usually, when someone gives an example of a news article that is without bias, it's really just an article that conforms to their own bias.
News has always had bias. Journalism has always had bias. But as long as there is the name of a real person attached to that news, you can at least take the bias into account. Now, there are sources of fake news that are not anonymous, but everyone knows who they are (Infowars, The Onion, Breitbart, etc). But for the most part, most of the fake news is created and spread by anonymous actors.
And there's one sure-fire way to identify a non-anonymous source of fake news: see how often they retract or correct a story that's been shown to be wrong. If they do it on the regular, they're not a fake news source. If they do it very seldom or never (Infowars, Bretibart, Fox News), then they're sources of fake news.
Here's someone who does:
https://www.washingtonpost.com...
Actually, no one is confused by the difference between incompatible worldviews and fake news except for the people who want to believe fake news or those whose political careers are based on calling real news "fake".
The only thing more obvious than fake news is someone who believes President Obama only created 175,000 jobs for black workers.
But now he owns Mar-a-Lago, so bite it, lib.
I guess Econ 101 was horseshit, because it's not working that way. There is currently a wage recession going on. For the vast majority of workers, wages have gone down under Trump.
Simple. It's about $300,000 to keep the program running, and the other $6 million is so that Wilbur Ross never has to fly commercial.
Wrong. Not with a department within a department. Do you believe Congress approved the spending for Trump's Space Force?
You really think every time Wilbur Ross decides to take a private plane instead of a commercial airliner that Congress has to approve that?
Plus, if you go to the NIST's own website, this is what they say on the matter:
In other words, they took a program that had been budgeted and decided to cut it. It wasn't Congress' decision, it was the executive branch.
The NIST is under the Secretary of Commerce, Wilbur Ross, who is a cryptkeeper who only stays alive through daily applications of graft and corruption. Here's an article about just how corrupt this ancient swamp thing really is.
https://www.forbes.com/sites/d...
The $6,3 million saved will pay for a lot of KFC Gravy Bowls on Air Force One. Plus, Colorado and Hawaii voted for Hillary, so fuck them libs, amirite? Trump is just that kind of petty degenerate..
You think Elon Musk is in business for sustenance? Why do you think he's still doing anything? He's going for high scores now, and yes, chasing high scores can make you desperate.
Even the people on the boring business shows where they have stock tickers running across the screen have been saying this is a dangerous game Musk is playing. The SEC takes maniuplating stock prices very seriously.
Just the ones who can't pass the brown paper bag test. Apparently, Trump's hotels and condos are very popular with pregnant Russian women looking for a US passport, and I haven't heard a word about it out of that degenerate's mouth.
https://theweek.com/speedreads...
OK, this must be the old man thread, so here I am.
When I was growing up, our family's shared computer was an abacus. When I got ready for college, my dad splurged on an upgraded abacus with a serial port so I could hook up a 300 baud modem.
I guess I should think about taking off that "My other computer is an AR-15" sticker, huh?
I thought this was America. Isn't this America? I'm sorry, I thought this was America.
Nobody mentioned blankets. Why are you refuting something that no one here is asserting?
Step One is admitting you enjoy the fruits of genocide.
No, there's no historian around, so you're free to make the idiotic assertions that you made.
If you live in the US, you are enjoying the fruits or America's sins. You're complicit.
It appears we are at an impasse.
Old enough to know the difference between right and wrong.