downside,
Your post, ".. I think that when the laundry finally airs fully, as it will, some regulators will go to jail along with industry operators. Congress is investigating... laws will change... the next election will see changes that ENSURE heads will roll."
The BIG picture is that there are few hens left hiding in the corners of the hen house and too many foxes (shills, fraudsters, regulators, legislators) to tell them apart. So... on goes the fraudulent behavior with results we can track. Over and over again. I believe a huge deterrent would be appropriate punishment. Notice that when one fox does rat out another, the punishment for the crime is "no involvement in the market for six months."
To the SEC: Get real! Anyone involved in defrauding the market who gets that kind of slap on the wrist is laughing all the way back to the boiler room.
I say we invite all of the players listed above to join a two day fishing excursion off the keys where we could discuss the solution to these problems.
