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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (69569)	12/14/2010 1:15:48 AM
From: bull_dozer	Read Replies (2) \| Respond to of 218632

U.S. Beats China in Tire Fight online.wsj.com

To: TobagoJack who wrote (69569)	12/14/2010 4:07:25 AM
From: Haim R. Branisteanu	3 Recommendations Read Replies (1) \| Respond to of 218632

Hi TJ, those are news for those not watching the market. ALL financial markets are indeed rigged. At those meetings they exchange position of clients and then bust them. Clear legalized thievery thanks to the BO administration

To: TobagoJack who wrote (69569)	12/14/2010 4:16:13 AM
From: Haim R. Branisteanu	1 Recommendation Respond to of 218632

Bank Breakup Is Only Way to Fix Pay Conspiracy: Matthew Lynn (the EU have it right on the other hand, BO administration is siding with the thieves and swindler not with the benefit of the US tax payers or electorate) Take one more longing look at that new Ferrari, and one more peek at that brochure for townhouses in Mayfair or chateaus in Provence. Europe’s bankers should enjoy the bonus season. It may be the last. Last week, the Committee of European Banking Supervisors announced a clampdown on bonuses. Bankers will be limited in the amount of cash they can receive. The bulk of their bonuses will be paid in shares. There will be clawbacks if the bank goes down the tubes. The days when a job in finance was a way of getting rich quick and easy are finally over. The trouble is, the committee may well have damaged the big names of Europe’s banking industry, such as Barclays Plc and Deutsche Bank AG. It has imposed far harsher rules than are likely to be applied elsewhere in the world. No one would deny that some review of the bonus culture was needed. Financial-industry pay has become a conspiracy against the public -- and one that needed to be changed. Traders take big bets with other people’s money. If they win, they collect a fortune. If they lose, they go and get another job and try again. Even some of the industry’s leaders have realized there isn’t much fairness. There is little evidence the banking industry has fixed the way it operates since the credit crunch. One U.S. study found things have worsened. According to a report commissioned by the Council of Institutional Investors, there is less of a link now between bankers’ pay and long-term performance than ever before. bloomberg.com