Timster

Citigroup's Decline - Not a Good Sign for the Market

it's amazing how much wealth destruction getting rid of the uptick rule and mandating mark to market accounting has done

The Uptick Rule: Mr. Cox, Is It Really That Devilish?

As much as people think that Iraq will be George W. Bush's negative presidential legacy, I believe actually it will be his SEC and specifically Chris Cox. The history books, I believe, when attribute the accentutation of this financial panic to the actions of Chris Cox and Bush's SEC. The removal of the uptick and implementation of strick mark to market rules have given capitalism and markets and very black eye. Cox has done more to damage the world's faith in Capitalism than has ever been done before, in my opinion. Yes, we may have had a recession as all economies go through ecnomical cycles. However, the removal of the uptick rule has done much to accentuate the impact of this recession on our stock markets. Iraq, in the end, ironically, I believe will be regarded as a positive legacy for George W.

The Uptick Rule: Mr. Cox, Is It Really That Devilish?

one only has to look at the VIX since July of 2007 to see how eliminating the uptick immediately added to the stock market volatility.....Chris Cox may not want to hide out in a undisclosure bunker location for the next couple months.....i would not be surprised to see the guy shot or the SEC firebombed after what he has done to this markets and to capitalism.....W needs to fire this guy and now ( I mean tomorrow) before option expiration or else we are all hosed