Posted by: rrufff In reply to: Creede Bighorns who wrote msg# 1309 Date:1/28/2007 8:07:47 AM Post #of 1311
Hi Creede, thanks - this post of mine includes 3 citations to articles over the past week which highlight the problems in the system, including the issues of hedge fund manipulation, destrution of voting power by shareholders, etc. I think each is a must read to understand how badly the system works. After one reads a few of these, one walks away wondering why the system isn't scrapped and started anew. The SEC theoretically has learned a lot since the 30's and technology would provide a basis for a more fair and effecient market.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.