SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (114653)12/5/2008 12:43:30 PM
From: ChanceIs  Respond to of 206347
 
>>>Prudent banking standards have proved essential for many hundreds of years.<<<

I quite agree.

What I neglected to say in my post is that IMO, the regulations we have might be just what is needed. But w/o regulators enforcing them, they aren't worth very much.

I think that Arthur Levitt did a very solid job as SEC chair. He improved the investing world a lot. Took a lot of the wild west out. He got Clinton to give him a lot more bucks and staff. "W" downsized SEC back to where it was before Levitt.

While i don't care too much for big government, we have to have regulation. That means rules and enforcers. We have been sadly lacking in the latter.