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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (33744)	3/9/2009 10:14:59 PM
From: E_K_S	1 Recommendation Read Replies (1) of 78741

Hi Madharry - The Government must regulate every business so there are appropriate capital reserves to meet the worst case of default and reporting controls are put in place so the regulating agency knows that the bare minimums are being met. No back office deals get done that pose substantial risk w/o prior approval by the regulating agency. If you do deals w/o regulatory oversight, they are void and you go to jail. I am not sure how you implement such oversight but if such was in place, the regulator would be in a better position to let these companies fail or perhaps be absorb by a larger company in the same industry. The potential for such gross systemic risk to our country is the equivalent to fighting a war and losing. We can not let any one company bring this nation down to it's knees. It's too late for AIG and many of these big banks, so I suspect our Government is doing the best they can given the current conditions. After reading that report, it's quite scary. I am not sure how the end game is going to play out. EKS

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