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To: Jeffrey S. Mitchell who wrote (7693)3/29/2005 2:53:04 PM
From: rrufff  Respond to of 12465
 
I agree that all the issues that you raise should be investigated. You raise very serious issues. Why is it not possible to have a comprehensive investigation, that may lead to a revamp of our markets for this new century? Why is it not possible to include the issues of naked shorting, the role of MM's, the business of hedge funds in this analysis?

The shortie, defenders of hedgies, seem to piss and moan every time the issue is raised. Instead, they should read your post and work to have these issues included in the discussion.



To: Jeffrey S. Mitchell who wrote (7693)3/29/2005 3:28:59 PM
From: Geoff Altman  Respond to of 12465
 
Let's see if the upcoming Dateline show does just that. But I severely doubt it.

Jeff, I do agree with you here. I'm sure that Dateline, (if the program actually airs), is going to be very reserved about drawing conclusions from any evidence that they might have.

The problem is that there are myriad of problems with Wall Street.....

No argument here..........these problems have been here forever with the full knowledge of the SEC.
Doesn't this say something about the SECs inability to develop rules that protect us from these greedy pigs?

Wall Street bucks most all calls to change and that includes the SEC.

While I think of it, have you ever seen Gary Goodenows site? The info might be dated but he points out some interesting things about the SEC:

realityatthesec.com

Best Wishes
Geoff