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  • How Regulated Does Wall Street Need to Be? [View article]
    None of what you mention will come to pass. There will be no regulation of any of these banks. What you fail to see is that this money is not just for the bankers themselves. Some of this money will end up in the pockets of "our" elected officials in many different ways from campaign contributions to speakers fees (once they leave office) to very lucrative "consulting" jobs to jobs to family members etc. So all these talk about regulation is just absurd and completely detached from the facts on the ground. These people are for all practical purpose untouchable.
    Oct 15 16:14 pm |Rating: +4 0 |Link to Comment
  • Private Equity Releverages with a Vengeance [View article]
    To expect the banks to behave differently while keeping the same players is my definition of insanity. These people will ripoff the taxpayers again with the full cooperation of the current administration and the regulatory minions.
    Aug 26 16:29 pm |Rating: +1 0 |Link to Comment
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