Submitted by Tyler Durden on 03/13/2012 - 19:52 FINRA Guest Post Morgan Stanley Testimony
I will admit that having written extensively and aggressively about Wall Street’s self-regulator FINRA over the last three years, I did not think there was anything more I could see that would surprise me. Today I am surprised, shocked, and saddened. For those in our nation who have a semblance of decency and a desire to see due process reflected in legal hearings and financial arbitration, I believe you will be similarly dismayed. The case to which I will refer strikes deep into the core of Wall Street arbitration. I hope you are sitting down and do not have any sharp objects nearby as Dow Jones’ Al Lewis provides a scathing expose of a FINRA arbitration entitled Broker Bankrupted in Kangaroo Court,
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http://www.zerohedge.com/news/guest-post-how-does-finra-lose-8-hours-testimony-wall-street%E2%80%99s-%E2%80%9Ckangaroo-court%E2%80%9D
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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