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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: TheSlowLane who wrote (28024)4/15/2011 6:55:23 AM
From: Wade  Respond to of 48092
 
I know for sure they are fighting to reach the bottom when I saw this news:

huffingtonpost.com

Larry Summers: Don't Blame Financial Innovation For Crisis (VIDEO)

Depending on who you ask, regulation is either a hindrance to the global economy or our only hope against global economic collapse. Safe to say Larry Summers, who played a pivotal role in deregulating the financial markets during the Clinton administration, tends to favor the former category.

At the Bretton Woods conference over the weekend, sponsored by the Institute for New Economic Thinking, Summers, who resigned last year as director of Obama's National Economic Council, defended complex financial instruments against criticism that they played a central role in dragging the global economy into its current recession.
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