Short Sales: SEC Turns Back the Clock to 1931 [View article]
quetzalcoatl - Agreed! Makes investing in real estate promising again. Who really wants to invest (buy and hold) when the market is tilted and played by very few hands? Very few have time or the will to trade full-time. God forbid you take your eyes of the market for an hour. Obviously the government had to step in as these power brokers were willing to collapse the entire financial system in the name of the dollar. With no regard to you and I. Those same ***** also ran commodities to the moon and only when Congress aggressively started to introduce restrictive legislation has the air start to bleed out; however, during the run up the carnage to businesses and the consumer was un-remorseful.
If you been around Wall Street any length of time you will come to realize there is no such animal as a "free market". Wall Street is a well-oiled machine controlled by very few players. You and I ride on those coattails for good or for bad.
Platts Bars Lehman From Trading Oil Contracts [View article]
It would be nice to add a few more to the list: GS - MER. LEH is just trying to make up for losses, and in doing so is hurting every consumer and putting blue collar companies at risk of insolvency. AMR and GM employ a lot of people; not everyone works on Wall Street.
Short Sales: SEC Turns Back the Clock to 1931 [View article]
Mother of All Short Squeezes? [View article]
Platts Bars Lehman From Trading Oil Contracts [View article]