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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (241342)3/18/2010 2:08:31 AM
From: GSTRead Replies (1) | Respond to of 306849
 
Great -- fire them, put them in jail, but don't confuse that with doing much of anything to turn this ship around. Do you think that germany is a global economic powerhouse because of their central bank? Do you think that China has been growing at a breakneck pace because of their central bank? Central banks provide grease -- sometimes lots of it -- but to get so focused on the Fed is really silly if what you care about is what is going to happen to the US over the next decade.



To: Jim McMannis who wrote (241342)3/18/2010 2:33:09 AM
From: The ReaperRead Replies (1) | Respond to of 306849
 
Here's someone else who didn't do their job....again

WASHINGTON—U.S. Securities and Exchange Commission Chairman Mary Schapiro on Wednesday acknowledged that the agency's oversight of Lehman Brothers Holdings may have been inadequate during a critical period when the company may have masked its losses.

'Ya think?

Actually, it wasn't really on her watch although I'm sure her time is coming.