jetski

Wait and See: A Less than Perfect Banking Policy

And the uptick rule should be reinstated immediately. The interests of our nation and having the money needed to implement some of President Obama's policies must take precedence to profits of short sellers. For example it was reported that Paulson made half a billion shorting Lloyds. How much was made shorting citi and bac and all of our financials?

I wonder what Markopoulos thinks of Mary Shapiro? He said FINRA was in bed with industry.

The shorts profits should be heavily taxed and used to provide stimulus.

Wait and See: A Less than Perfect Banking Policy

Letting banks work out their toxic assets themselves makes sense. They are far more experienced at working out troubled loans than the sharpies who are drooling at the opportunity of bying troubled bank assets at fire sale prices with government financing and government guarantees. Instead let the banks work them out and give the banks the same kind of support they are proposing to give to the hedge fund sharpies.

Forbearance also makes sense, because maybe the banks will earn enough money to fix things themselves without any government support.

Should the SEC Force Hedge Funds to Disclose Short Positions?

It would make me think that they had inside information that they were trading on.

FDIC Won't Run Out of Money, But WaMu May Be Toast

The federal government failed to properly regulate the securities markets and then used this failure and the illegal market manipulation by short sellers to steal AIG from its shareholders.

Unlike the public the short sellers were not limited by lack of transparancy. They kenw or knew others who knew all about the credit default swaps on AIG's books and the mortgage backed securities on Lehman's. This material non public information was used to make billions. And I guess they are to big and p[owerful to be held accountable.

R.H. Donnelley: An Attractive Bet for High-Risk Investors- Barron's

My brother in law, a plastic surgeon, gets most of his business from the yellow pages. His patients are mostly 20 somethings seeking nose jobs, facial resculpturing and breast augmentation. He has tried internet advertising. It does not work for him. He also said he gets calls from older yellow page ads that have been out there a few years.