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Palouser
Senior Advisor

S.E.C. and regulatory reform in markets.

It is supremely disappointing that it is still 'business as usual' by the insiders in markets. This article concerns S.E.C. malfeasance regarding ratings agencies who were involved to their eyeballs in the Wall St disaster. This kind of foot dragging behavior also has connections to the CFTC and the lack of market oriented reform.  This arrogance and favoritism must stop. Legal investigations and warranted charges against the fraud that occurred need to be carried out, better late than never. The charges of 'moral hazard' are often being made by those intimately involved in allowing it to continue. It seems everyone is being let off the hook but private individuals.

 

http://www.nytimes.com/2011/03/06/business/06gret.html?hp

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3 Replies
Artifice
Senior Contributor

Re: S.E.C. and regulatory reform in markets.

blame   blame    blame.

 

pal, who caused the wallstreet bubble , the SEC?   people went REstate nuts over borrowed, other were happy to loan to them.

Things happen, Grown ups know that.

 

One can invest in corp america when it has value or when it is over valued, your choice.

 

This neediness , needs mother hens up the gazoo.   why ?

 

the CFTC is fine,  futures speculators HARVEST them.

wheat is a bubble.

 

CBT is trading less than its august high, why ? there is too much.

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Palouser
Senior Advisor

Re: S.E.C. and regulatory reform in markets.

Fraud is a violation of the law. Markets where regulatory agencies do not live up to their responsibilities create a markets where insiders have an advantage and there is no level playing field. The markets lose their credibility. Markets without credibility and free market procedures are inefficient. The end result is the play eventually goes elsewhere or there is reluctance to invest capital for necessary economic development and expansion.

 

Markets 101. Money mostly goes to efficient markets. Efficient markets have integrity. One more cluster and market clout goes overseas.

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hardnox604008
Advisor

Re: S.E.C. and regulatory reform in markets.

Let 'em eat cake, Pritchie.

 

Being uniquely brilliant I'm sure you sold your Fanny Mae stock near the highs. That after being so dismissive of my criticisms of that entity back in, what, '05 and 6?

 

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