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Re: roguedolphin post# 25543

Tuesday, 05/26/2009 10:16:32 PM

Tuesday, May 26, 2009 10:16:32 PM

Post# of 33753
Here's an interesting article about a woman who foresaw the problems of exotic investment vehicles and tried to do something about it:

http://www.washingtonpost.com/wp-dyn/content/article/2009/05/25/AR2009052502108.html

No less a brilliant guy than Alan Greenspan told her ""there wasn't a need for a law against fraud because if a floor broker was committing fraud, the customer would figure it out and stop doing business with him." "

This was while she was agitating for greater regulation and laws against, um, fraud.

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