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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: jlallen who wrote (491683)6/30/2009 3:50:30 PM
From: Steve Dietrich  Respond to of 1574102
 
So you can't name even one single law, that had it been properly enforced, would've prevented the massive scam/hoax perpetrated on our government by Wall Street.

That's not a very convincing argument. Sounds more like boiler plate BS nonsense.

Especially when you consider that Credit Default Swaps and other bundled securities were devised and traded, completely without regulation.

What law on the books, properly enforced, could've dealt with the misuse of Credit Default swaps and the like?

SD



To: jlallen who wrote (491683)6/30/2009 10:48:49 PM
From: tejek  Read Replies (1) | Respond to of 1574102
 
All of them....relaxed oversight and enforcement by SEC, FDIC, OCC, FRB

And Bush appointed the people who managed those agencies....didn't he?


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