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Technology Stocks : The *NEW* Frank Coluccio Technology Forum
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To: Frank A. Coluccio who wrote (28126)9/26/2008 8:10:28 AM
From: Peter Ecclesine  Read Replies (1) of 46821
 
Hi Frank,

>>I had read Robb's take on the matter earlier and was struck by his assertion about decentralized decision-making by capital markets, which I happen to agreed with. Yet, I was also taken, at about the same time, by an another analysis I had watched on Bloomberg TV portraying the world's regional stock exchanges and central banks as very-tightly integrated, hence the fear of the domino effect, which was beginning to occur. <<

It matters that capital markets are under-regulated.

It doesn't matter whether decision-making by capital markets is centralized or decentralized, it matters that the public interest was not served by them.

petere
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