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Strategies & Market Trends : Fundamental Value Investing

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To: The Dodgy Ticker who wrote (771)12/20/2008 3:10:09 PM
From: bruwin  Read Replies (1) of 4719
 
Thanx for that link Robert, it makes interesting reading.

It seems that Cox hasn't been a "positive force" for sensible and practical Regulation to ensure investor's interests are protected.

I can understand a drive not to have too much, or an over-emphasis, of Government intervention in the Capitalist system.
But that should not be at the cost to the investor in terms of fraudulent systems, or economic activities that have little basis in logic such as the sub-prime debacle.

A certain amount of the SEC "de-regulation" may have happened under Bush's watch, but, if I'm not mistaken, the Madoff Ponzi scheme stated off many years before Bush took office. So one could also ask what was Clinton's administrative officer's doing with regard to monitoring such flawed systems ?

Anyway, let's just hope that the exposure of these recent financial debacles will ensure greater regulation and monitoring in the future.

I suggest that BOTH the perpetrators AND the responsible Regulators be penalized or punished in the future. Maybe that will ensure greater diligence and responsible action from all concerned.
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