Nadine,
>>Who is pushing this topic to the media? Arthur Levitt? and why now? wouldn't this information have been a lot more useful, say, three years ago, before so many small investors got fleeced listening to bubblevision?<<
The damage is already done. The bandits already made off with the loot so its OK to talk about it now. In fairness though, A.L. was very vocal for the last few years. People didn't listen.
>>I find it really interesting that the wine industry was so defenseless against one honest critic, while the defenses of
Wall Street seem impenetrable.<<
Wall St is practically running the show.
>>There are some honest critics, such as Fred Hickey, but they seem to have a hard time getting any air.<<
I agree. In recent years, you really had to search hard for unbiased analysis.
>>Why is there no feedback loop in the media that actually rewards good advice and punishes bad? <<
Because some of the bandits own newspapers, TV stations, magazines etc.... (ratings) Corporate America - especially some top executives that cashed in - benfitted from the pillage.
>>Where are the consumer advocates for investors?<<
Attacked, discredited, laid off by bull(shit)ish Wall St firms....
Wayne |
