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  • Wall Street Breakfast: Must-Know News [View article]
    Repeal Sarbanes Oxley and the stringent mark to market rule and this problem would fix itself. There are some influential people advising this, but as you can hear, none of the Congresscritter are talking about it. Not sexy enough, no power involved, no money to throw around.
    Sep 24 11:06 am |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    As pointed out, there are major problems with this bill. As with the Patriot act, it's being rushed thru with the threat that if it is not passed now, the ensuing meltdown will be on your heads. The problem is the threat is real. So what's a Congresscritter to do?

    As for the SEC being responsible, if you hand me a loaded gun, I'm I required to shoot myself with it?
    Sep 23 10:00 am |Rating: 0 0 |Link to Comment
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