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

To: ggersh who wrote (265881)8/2/2010 4:54:01 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
Remind me what Finreg actually "fixed" again?

TBTF? Nope, it's worse than before Bear Stearns went tits up.
Derivatives/Gramm-Leach-Bliley repeal? Nope
Glass-Steagal/Chinesse Wall? HaHaHaHa, you must be kidding!

As far as Timmy's "innovations" are concerned, Volcker had it exactly right: the only innovation in the financial services in the last 30 years has been the ATM. Everything else is just a more efficient tool to fleece the customers/taxpayors/foreigners.<NFG>



To: ggersh who wrote (265881)8/2/2010 5:23:45 PM
From: Skeeter BugRead Replies (2) | Respond to of 306849
 
"We will not risk killing the freedom for innovation that is necessary for DEBT growth."

my secret decoder ring really does work!



To: ggersh who wrote (265881)8/2/2010 6:36:28 PM
From: Giordano BrunoRead Replies (1) | Respond to of 306849
 
While banks skate the SEC targets mutual funds

noir.bloomberg.com


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