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.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: DebtBomb who wrote (109603)	3/15/2010 7:47:04 PM
From: mishedlo	2 Recommendations Read Replies (2) \| Respond to of 116555

Useless Regulation: Dodd Bill "Empowers" Fed To Do Nothing globaleconomicanalysis.blogspot.com In what amounts to a dog and pony show without dogs and without ponies, Dodd Bill Empowers Regulators to Limit Size of Financial Firms. Mish

To: DebtBomb who wrote (109603)	3/15/2010 11:56:51 PM
From: Hawkmoon	1 Recommendation Read Replies (1) \| Respond to of 116555

Something not mentioned in that article. The Rating Agencies are trying to extort the US government in order to prevent any changes in the current regulations governing how the RA's get paid for their "analysis". After all, these are the same guys that told us that some of the CDOs they analyzed could be rated by cows: hedgeworld.com So their threats to downgrade the US (even if it might be warranted) are implicit threats aimed at preventing greater regulation. But the reality is that the RAs have lost their credibility. But this also means we need to get CDS markets regulated and transparent so that only participants with "insurable interests" are permitted to engage in CDS activity. Hawk