Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: neolib who wrote (186057)	2/23/2009 5:46:03 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 306849

Put some antitrust laws with teeth in between the "purging" step and the "recapitalize" step. The banks would be nationalized and can be sliced and diced any way the Treasury Department wants.....should certainly be sliced up so that it's no longer too big to fail. Goldman Sachs for sure, while they're at it.....<right>

To: neolib who wrote (186057)	2/23/2009 5:52:39 PM
From: ajtj99	Respond to of 306849

Reinstituting Glass-Steagall will address that, along with making it illegal to hold more that 12:1 leverage. Getting rid of the loophole of the overnight sweep also is necessary. A Credit Default Swap moratorium would also help, and a new CDS regulatory board that treats them like insurance policies instead of pieces of paper backed by nothing. The cycle started by lax Fed monetary policy combined with loose regulation to unleash an orgy of speculative excess we will likely not see repeated for several generations.