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To: marcos who wrote (71988)	1/8/2010 6:21:42 AM
From: carranza2	Read Replies (1) \| Respond to of 74559

I think Chanos may well be correct. The figures don't make much sense. Message 26172128

To: marcos who wrote (71988)	1/8/2010 7:29:33 AM
From: Haim R. Branisteanu	Respond to of 74559

The US needs a Turner of its own Turner, a former director general of the Confederation of British Industry, or CBI, the main U.K. business lobby, might have reasonably been expected to act as a bureaucratic booster for banks and investment firms reeling from the global recession. Instead, since taking the job in September 2008, he’s used his time as regulator to scold the financial services industry for growing too large on the back of risky products that he says offer little value to society, Bloomberg Markets magazine reported in its February issue. To reduce the appetite for speculative risk, Turner is promoting a levy on financial transactions to divert money to the poor and support efforts to address climate change. The so-called Tobin tax is named after the late U.S. economist James Tobin, a Nobel laureate who proposed a surcharge on currency trading to deter speculation. “I believe in markets; I believe in enterprise,” says Turner, who numbers Franklin D. Roosevelt and British economist John Maynard Keynes among his personal heroes. “But I have always believed that market economies will not of themselves combine that with environmental sustainability or with a reasonably just and good society. I believe that capitalism needs to be saved from itself.” bloomberg.com