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

To: ChanceIs who wrote (192891)	3/24/2009 11:02:28 AM
From: MulhollandDrive	Read Replies (1) \| Respond to of 306849

this has been the modus operandi for legislators and gov't officials for YEARS when their own ineptitude and refusal to enforce existing laws allows cheats and scammers to operate with impunity until the market finally outs them (short sellers like jim chanos)....he was on cnbc early this morning and asked, how is it after enron and sarbanes-oxly we have come to the kind of balance sheet opacity that allowed the AIG's and C's of the world to run amok to the point of verging on insanity and bringing down the entire financial system as karl says, stating that we need 'new and broad powers' to prevent future AIGs is just more misdirect away from the real culprits, namely greenspan, bernanke, geithner, cox....and most of all congress and the WH