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Wall Street

Started by Terry, March 01, 2011, 11:22:28 AM

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Terry

March 01, 2011, 11:22:28 AM
Wall Street reform at risk:
The Dodd-Frank bill was imposed to make Wall Street accountable for their actions and was intended to prevent another wall street bail out or recession.

What "WE" ve ended up with is more people watching the hen house than there are chickens in it.

The other thing it says is --- look for it to happen again. If financiers had been disciplined as should have been, it would have had a lasting effect on the financial market but since they weren't, they're convinced ( especially after the bonuses they just got ) to continue as normal.

It'll be China bailing them out next time, {{{ if they decide it's worth it }}}"or" just foreclosing on the "US"

Accompanying Freedom is her constant and unattractive companion, Responsibility. Neither is she an only child. Patriotism and Morality are her sisters. They are inseparable: destroy one and all will die.

Terry

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April 29, 2011, 06:46:22 AM
Derivatives   
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http://upload.wikimedia.org/wikipedia/en....s_1998-2007.gif

"@" this very moment it is safe to say over $7 Trillion dollars is being bet or gambled by 'various concerns' which all concerns "OUR" economy. IN some cases; it's win or loose, in other cases it just skims the cream from going back into the economy.

It's a very interesting, insightful, and "SUPER" global game that's played with money.

YES! our government is a player... and also has been known to bale others out when they're losers.
((( Bet 'U' didn't know that, did 'U'?)))

Accompanying Freedom is her constant and unattractive companion, Responsibility. Neither is she an only child. Patriotism and Morality are her sisters. They are inseparable: destroy one and all will die.
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