Both Brocia and Leonard deny doing anything to spy on the other shop, but each is convinced that the other sends spies.

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And no one can deny that doing something would be a good idea.

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They are only allegations at this time, and JPM as well as Mets owners Fred Wilpon and Saul Katz deny wrong doing and say the claims are bogus.

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In the end, the ratings agencies will settle for an insignificant amount of money (compared to the havoc their faulty ratings caused) and will neither admit or deny wrong doing.

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At the very least, he believes he will, by so doing, deny them recruiting tools.

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So far, the SEC is demanding only greater disclosure and is not threatening to deny listings to companies doing business with the countries concerned.

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By doing so they would deny California badly needed revenue and put people out of work.

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He continues to deny that there was any wrong doing by the previous management team.

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If James Murdoch's reputation took a further battering today, it was because he was forced to apologise for and deny knowledge of yet more wrong doing - including the covert surveillance of members of the select committee and of lawyers who represent victims of phone hacking by the News of the World.

BBC: James Murdoch 'knows nothing'

In the meantime, efforts by the pension to deny the obvious waste of millions in secret fees paid to intermediaries for doing next-to-nothing, as well as to retaliate against whistleblowers and credible critics, only makes the fund seem embarassing ignorant of the reality of federal regulation of the money management industry.

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