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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (26146)	3/22/2005 3:35:34 PM
From: RealMuLan	Read Replies (1) \| Respond to of 116555

Mike, that makes sense. SEC, as well as the US gov., usually is tougher to individuals than to institutions<g>.

To: Knighty Tin who wrote (26146)	3/22/2005 4:01:21 PM
From: BSGrinder	Read Replies (2) \| Respond to of 116555

That's what makes these fine only/no-fault-no-jail settlements so worthless - you know they made 100 times more money breaking the law. Can you imagine if they punished bank robbery by making the robbers repay 1% and promise not to do it again? /BSG

To: Knighty Tin who wrote (26146)	3/22/2005 10:03:19 PM
From: mishedlo	Respond to of 116555

NZ current account deficit Summary The current account continued to widen in the December quarter due to deterioration in the goods and investment balances. The deterioration partly reflects the strong domestic economy. With economic growth expected to remain robust in the coming quarters, we expect the current account deficit to continue to widen. The New Zealand dollar weakened immediately following the release, but this weakness is likely to be short lived. These current account data have few implications for monetary policy. As such we have not altered our view that the OCR is likely to remain at 6.75% for some time to come. This link is interesting reading: www1.asbbank.co.nz