quetzalcoatl

Mother of All Short Squeezes?

I'm not an expert in these matters, but it seems from what I have been reading lately that the SEC ought to enforce their rules, and do so vigorously.

Short Sales: SEC Turns Back the Clock to 1931

All I can say is the market scares the hell out of me. A long term investment is about an hour and a half. Predatory opportunism is the name of the game.

Bank Executive Compensation and the Bailout

This is not a diffucult matter. Hire someone at an agreed upon salary. If he performs well, give him a raise. If he does not, replace him. Where did this onerous system of bonuses and stock options come from? It is the fault of the stockholders. Why is there no outrage? Why are the boards of directors not replaced with people who are responsible? We need activist boards of directors who are responsive to the shareholders and look out for their interests. It seems like the large institutions who hold vast blocks of stock are those best positioned to effect change. In order to force them to do so, we must replace their boards of directors. Of course, now we are back to the large institution that holds vast numbers of shares. I get it: Everyone is screwed.