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.

Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (10162)	3/30/2009 1:59:34 PM
From: DuckTapeSunroof	Respond to of 103300

"The CFTC and the SEC are two very different things... you can't mix the two..." Yes, I KNOW. And --- NEITHER AGENCY (nor the Federal Reserve) was allowed to have any oversight or regulatory authority over the 'private-party' CDS' issued by AIG and many others. (You know... the Credit Default Swaps that ballooned up to a more then $70 Trillion dollar market and practically crashed the entire world's financial systems.) That is because ALL FEDERAL REGULATION was banned. All. (So, neither CFTC, nor SEC, nor Fed had any assigned regulatory responsibility.)