SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Maurice Winn who wrote (36204)7/17/2003 2:40:19 PM
From: Raymond Duray  Read Replies (2) of 74559
 
Mq,

You are putting on blinders. Recall that Uncle Al helped to create the NASD bubble by willfully cooperating with those who were fear mongering in 1998-9 regarding the millenium bug. By printing up an excess of dollars that had no where to go, he grossly inflated that bubble. He could have taken palliative measures like restrictions on margin and especially derivatives, but being a whore working for the city banks who were getting fabulously rich off that trade, he failed to prevent the fleecing of $7 Trillion out of the general wealth and most into thin air, but a sizeable fortune into the accounts of those he is beholden to. Who when I last looked were still not being prosecuted for obvious criminal activities like the Morgan Bank's Mahonia swindles set up to accommodate Enron's chicanery.

No, Mq, I cannot feel comfortable with Uncle Al's pandering to the Bush Crime Family on the destruction of U.S. economy by excessive deficits, nor can I accept that his hand on regulating the obviously criminal activity on Wall Street is so light.

There is just too much that is being destroyed by Uncle Al as he panders to the crooks who own him. His blind eye is simply not helpful to the bulk of the citizens of the U.S. or the world.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News