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JACK NICHOLSON: My point of view, while extremely cogent, is unpopular. LOS ANGELES TIMES: Which is? JACK NICHOLSON: That the repressive nature of the legalities vis-a-vis drugs are destroying the legal system and corrupting the police system. LOS ANGELES TIMES: Let\'s talk about acting for a minute.
Wildcatting informally refers to a practice instituted by the Securities and Exchange Commission (SEC) that calls for the review of an entire industry whenever critical problems are found within one or two companies in that industry. The SEC may investigate any number of critical issues with a particular firm, including accounting irregularities, executive compensation and the use of derivative transactions, and parlay this investigation into an investigation of other firms within the same industry.
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