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Barron's Calls a Bottom [View article]
When Al Qaeda killed 3000 Americans at the WTC we sent 150,000 men and trillions of dollars running after them all over the world. The American born financial terrorists I bet killed many more than 3000 (thru stress and heart attacks)after saving and investing for over 30 years and losing 50% of their hard earned money. Imagine if the SEC had a 150,000 thousand man army and unlimited trillions to go after the American born internal financial terrorists. This huge financial collapse had to involve huge amount of illegal activity. In Fact the head of SEC enforcement was so embarrassed by the Bernie affair she quit. Fiduciary responsibility seems to me, to be a ancient English term that should be removed from the language. We will never restore confidence in markets without rounding up and JAILING the culprits of which there are many.