Andy1234

Regulation of OTC Derivatives: CME, ICE to Benefit

I work in the aerospace industry....While we do try to maximize profits....I highily doubt that the excessive stranglehold of regulations really does much. In fact.....it is very counterproductive and adds a large amount of cost to our operations.




On May 15 02:57 PM wpdragon wrote:

> Too many companies think it is in their best interest to make as
> much money as they possibly can, and they are more than willing to
> cut corners wherever they think they can get away with it in that
> pursuit. And they hire plenty of lawyers and marketing/PR staff to
> deny any wrongdoing in that regard. People die that way, or are grievously
> injured.
>
> That is why you regulate companies and industries, because if you
> are too naive to understand that companies are out for one thing,
> and that is too make monstrous profits while they deny liability,
> then you are likely to be the one injured at some point.

Regulation of OTC Derivatives: CME, ICE to Benefit

Regulation is the market bankrupting the losers.

I mean....why do we even have half of these regulations....like the FAA-PMA or FDA.

I would seriously think that its in the companies best interest to keep planes flying safely.....otherwise they are going to get sued like hell or people will stop buying/flying their planes if they crash.

That goes for anything and everything thats made........The regulations itself is a HUGE inefficiency and is not needed. Just MO.