Comments on: Sooper Seekrit Settlement – Update

By: SayUncle » more on Bloomberg settlements

SayUncle » more on Bloomberg settlements — Mon, 28 Aug 2006 12:46:46 +0000

[...] Some pawn shops have settled and there’s a counter suit in the works after Bloomberg’s investigators broke the law. One guy isn’t settling: Dennis Alverson said he has received offers from New York City to settle a lawsuit the city brought against his Old Dominion Gun & Tackle shop in Danville. [...]

By: Alcibiades

Alcibiades — Tue, 01 Aug 2006 21:23:11 +0000

Atlanta should put those verifiers on the New York Stock Exchange to watch for market shenanigans. They should pay particular attention to anything Bloomberg owns.

By: Unix-Jedi

Unix-Jedi — Tue, 01 Aug 2006 19:59:18 +0000

I think it’s pretty brilliant, all in all.

They get their case closed.
NYC pays someone to “verify” that they’re doing what the ATF verifies for free. Plus, ATF has a whole crate of whoopass that they can open up if the books/inventory’s not up to snuff, so it won’t impact their day to day operations in the slightest if they’re actually doing it the way they should.

Now, Atlanta can sue NYC vendors and attach experts to their stores, and it’s Okily-doklily.