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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (33682)3/2/2009 4:40:37 PM
From: Madharry  Read Replies (2) of 78673
 
I added a more wfc sold my position in SD to do it. getting crushed on O&G as it is. listened to the M interview on 60 minutes about Maddoff. Nothing really new, except how bad a job the SEC does as discovering frauds before the body count rises to epidemic proportions. I am very sad that so many many people and institutions have suffered such catastrophic losses, because of incompetent advisors and regulatory agency. Its a disgrace, and why arent people up in arms about how incompetent the regulatory authorities have been. its just mindboggling what people have gotten away with. I dont understand how BOD of JPM can allow granting of $110 million in grants and SARs and a month later let them cut the dividend from $.40 to a nickel and no one says squat about it, and Im not even a shareholder here.
Doesnt anyone else see something wrong with this?
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