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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (81963)	5/19/2007 7:40:42 PM
From: Paul Kern	Respond to of 110194

delete....dupe

To: Les H who wrote (81963)	5/19/2007 7:41:16 PM
From: Paul Kern	Read Replies (1) \| Respond to of 110194

"improving systemic stability and transparency of financial markets." Guess our government isn't interested in stability and transparency of financial markets.

To: Les H who wrote (81963)	5/20/2007 3:43:53 AM
From: critical_mass	Respond to of 110194

While the activities of hedge funds and the risks they present are probably serious, this promotion of transparency is little more than political posturing. Peter Steinbrueck, who is quoted in the linked story, has exerted enormous political pressure on the German Bundesbank to sell its gold to fund additional spending. German politicians have been quite content to take credit for supposedly astute policies in decreasing unemployment and generating record tax revenues while it seems like they are probably just benefiting from loose monetary policy and excess liquidity. Pretty funny actually to imagine that some German politicos are going to pressure the former head of Goldman-Sachs, errr, i mean the US Secretary of Treasury, to do anything.