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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: DMaA who wrote (486327)5/8/2012 10:47:03 PM
From: Stan  Read Replies (2) | Respond to of 793896
 
That's OK. Their regulations amount to "straining out the gnat, while swallowing the camel." The credit default swaps alone they're involved with are enough to sink us all if they collapse. Why are depositors money exposed to such madness? Greed. and, did I mention greed?



To: DMaA who wrote (486327)5/9/2012 12:19:57 AM
From: Little Joe  Respond to of 793896
 
"The lesson should be not that deregulation is bad, it should be that regulators don't know what the hell they are doing."

There is another possibility, that they are too lazy to bother.

lj