What is probably happening is they are trying to seek disgorgement of profits and assess a civil penalty she deems unreasonable.

Spitzer obviously hopes to bring about a domino effect. He puts himself in a good position to arrange for that.

Spitzer obviously hopes to bring about a domino effect, ... He puts himself in a good position to arrange for that.

What they are doing is putting their best foot forward and trying to convince the SEC that some of the potential allegations don't hold water,

The government will be marshaling its efforts in the coming weeks to bolster its case against Lay, but it will be a tough task.

If I saw him go up there, if I'd have known what was happening, I probably would have went up there with him.