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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (117556)	1/20/2009 6:46:07 PM
From: Broken_Clock	5 Recommendations Read Replies (2) \| Respond to of 132070

Sorry, Obama is an empty suit like the rest.

To: Knighty Tin who wrote (117556)	1/20/2009 6:51:20 PM
From: longnshort	2 Recommendations Respond to of 132070

That must be some good kool aid

To: Knighty Tin who wrote (117556)	1/22/2009 3:05:52 PM
From: GuinnessGuy	1 Recommendation Read Replies (1) \| Respond to of 132070

Hi Mike, Just read this financial article, some of which was a bit over my head. Thought you might have some comments on it. Here's the concluding paragraph: "Unless and until Chairman Bernanke and the other regulator are willing to tame the CDS tiger, there will be no success in bringing stability to the US banking system or foreign banking markets. And the longer Bernanke & Co refuse to say an emphatic "no" to Goldman Sachs (NYSE:GS), JPMorganChase (NYSE:JPM) and the other CDS dealers, the financial crisis affecting global banking institutions will continue to worsen. Making this change may force GS and other dealers into mergers or liquidations, but such is the cost of reform. The US economy can live without the major Sell Side dealer firms, but we cannot survive without commercial banks, insurance companies and commercial companies, all of which are targets for the CDS Mafia and the unlimited leverage that they use as weapons against us all to generate speculative gains. We have the power to fix this aspect of the financial crisis immediately, but do our leaders have the courage and the vision to close down this reckless, speculative market before it destroys what remains of our economy?" us1.institutionalriskanalytics.com craig