InvestorsHub Logo
Followers 148
Posts 11147
Boards Moderated 0
Alias Born 06/30/2005

Re: Personalizit post# 148820

Wednesday, 09/17/2008 4:49:23 PM

Wednesday, September 17, 2008 4:49:23 PM

Post# of 326354
Only when the entire financial system is about to crash around their F@#$%%NG EARS and politicians begin to ask "Where were the regulators? Why did they allow this to happen?"

They were sitting on their hands listening to silly arguments about how shorting helps ensure market liquidity.

It is - believe it or not - like the tainted infant formula problem in China. Governments just don't take steps to correct a problem until it surfaces in a big way. The only reason we got the first federal securities law in 1933 was because of the Great Depression.