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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Augustus Gloop who wrote (12971)11/4/2011 10:37:53 AM
From: robert b furman1 Recommendation  Read Replies (1) | Respond to of 33421
 
Hi John and Augustus,

To lever 30-40 to 1 just amazes me.

Have they not heard of deleveraging?

Co mingling customers money should never - repeat never occur - time for jail and accountability - will SEC step up?

If not time to clean out again !!

Is not becoming a primary dealer as MF was a license to great wealth?

This is just greed gona amuck - after it has been shown to be so volatile?

You know what they say about a fgool and his money!

Bob