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To: Box-By-The-Riviera™ who wrote (400661)	2/4/2010 9:47:50 AM
From: Real Man	Read Replies (1) \| Respond to of 436258

Yep. Greece it is. Then all PIGS go. The decisions are driven by chaos and panic, as opposed to conspiracy. Everyone knows what blew up, and that after stabilizing it they need to reform it, or it will blow up again. Nobody knows how, or what the exotic instruments represent, how many are out there, how to value them, etc. Volcker was dragged out cause he is the fixer and might know something, and Ben might indeed be the best man for the job. They are very afraid to reform WS, cause if it blows up again, so will Main Street. So, they are starting with a very mild version of Glass-Steagall and putting derivatives on the exchange to avoid another OTC meltdown, which may be unavoidable, but everyone will print to avoid it.