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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (313556)7/7/2009 6:20:53 PM
From: skinowski  Read Replies (1) | Respond to of 793824
 
limits on "speculative" traders in markets for oil and other energy products.

Good idea - it's time we go ahead and scare the cr*p out of the global markets. Uncle Sam, as incarnated in Mr. Obama, in his infinite wisdom will let us all know what should be a fair price for oil.



To: LindyBill who wrote (313556)7/7/2009 6:28:35 PM
From: MulhollandDrive4 Recommendations  Respond to of 793824
 
have you been reading about the GS 'special trading sauce' program that was stolen by a former employee?

i guess it's only 'manipulation' when others do it? right?

when a 'commercial bank' (LOL!!!) controls about 40% of all NYSE trades, i do believe it is time to reign them in...

simple solution? restore glass-steagall

prior to the repeal of glass-steagall, the GS operations would be illegal....we seemed to be doing just fine under the 'old regime'


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