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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (67370)	8/12/2005 9:34:58 PM
From: Condor	Respond to of 74559

You lucky bugger. You have a bank robber. I don't. BTW..I enjoy BBC also...better global perspective IMO. No coverage out of North Amer. is very good. C

To: elmatador who wrote (67370)	8/13/2005 10:29:17 AM
From: shades	Respond to of 74559

Ok I just watched the show over the internet - he said william donaldson leaving the SEC was bad, and the new guy coming in was worse - he was a big anti regulation proponent and is a flunkie of the crooks. He said Alah Greenspan recruited the keating 5 of the SandL crisis and greenspan even wrote a memo that lincoln was A OK - when in reality they were very insolvent. He basically called Greenspan a big crook. He said stock options create a short term incentive for crooked executives and we need to change that fast!!- Also that mainstream economists don't want to admit they are all idiots and the current regulatory environment invalidates the EMH. He spoke on the housing bubble as well. He said we definitely need to pay good economists more to regulate, otherwise fannie mae will snatch them up and make them do bad things - hehe. I figre the crooks will always have more money than me, so if paying the most money gets good people into the right places - I am sunk - if however money is not thier only goal in life - perhaps there is a chance.