The Securities and Exchange Commission

This chapter focuses on the Securities and Exchange Commission’s numerous failures to engage in meaningful regulation and enforcement and recommends a fundamental solution that should substantially ameliorate the current unpalatable situation. As compared to yesteryear, the SEC no longer is viewed as a champion of investor protection. In its analysis, the chapter provides many examples, including: the Commission’s failure to adopt a current reporting system mandating disclosure (absent the existence of meritorious business justification) of all material information; its regulatory activism to insulate from private liability exposure certain misconduct engaged in by companies and their insiders; its levying of large money penalties against major enterprises without pursuing their officers and directors; and its refusal to implement statutory directives, including its failure to use the control person provision against corporate insiders. The solution to this unacceptable situation is to reconstitute the composition of SEC Commissioners. As elaborated upon in the chapter, this objective would be achieved by increasing the size of the Commission and requiring that the composition of the SEC Commissioners (including the SEC Chair) would be far more diverse than is current practice.

Sweet Revenge Feels Less Bitter: Spontaneous Affective Reactions After Revenge Taking

Previous studies suggested that people feel better after revenge taking, while other studies showed that they feel worse. The interpretation of this research is however ambiguous due to its extensive reliance on self-report measures. The present research examined spontaneous affective responses after retaliatory punishments in a laboratory task using an indirect measure of affect (affect misattribution procedure). Experiment 1 showed positive reactions after noise punishments of a provocateur compared to a control person, but only in revenge-seeking participants. Experiment 2 replicated this finding and revealed that punishing either individual led to less positive responses than not punishing anyone. It is suggested that revenge taking is associated with brief pleasurable responses that can ameliorate negative affective consequences of retaliatory action. Revenge is sweet because it makes one feel better about one’s punitive action.

Interpersonal Views of Narcissism and Authentic High Self-Esteem: It is Not all about you

Employing peer-rating methodology, this study examined relationship issues in narcissists versus individuals with authentic high self-esteem. Undergraduates ( N = 147) were assigned to rate someone (a “target”) they knew well who was most similar to a narcissistic prototype, an authentic self-esteem prototype, or a control person. Participants rating narcissistic targets reported significantly more interpersonal problems with the target and more avoidant and revenge behaviors directed toward them than did participants rating authentic self-esteem or control targets. Authentic high self-esteem was associated with positive social relationships. Large effect sizes suggested substantial interpersonal differences observed by peers interacting with narcissists compared to authentic high self-esteem individuals.

Late Effect of the Cervical Irradiation on Periodontal Status and Cariogen Flora in Hodgkin Lymphoma Patients

Cervical radiotherapy may leads to elevated caries risk in Hodgkin-lymphoma (HL) patients. Our aim was to estimate the late effect of cervical irradiation on periodontal status in HL patients. Patients filled out query-form, their clinical data were collected, periodontal status was examined, decayed-missing-filled-teeth and periodontal-indexes were calculated. We examined 68 patients who received, 64 patients who did not received cervical radiotherapy and 51 control person. 23.5% of cervical irradiated, 18.15% of not irradiated patients and 17.64% of controls had subjective xerostomia, but it was not objective by sialometry. Mean decayed-missing-filled-teeth-index was 22.53 among irradiated, 21.54 among not irradiated patients while it was 17.23 in control group. Periodontal index was 2.47, 2.42, and 2.14 in different groups. Difference between decayed-missing-filled-teeth indexes of irradiated patients and controls was significant. We have to emphasize the importance of prevention and closer dental observation of HL patients.