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Re: BBBabe post# 15187

Monday, 06/28/2004 6:44:37 PM

Monday, June 28, 2004 6:44:37 PM

Post# of 82595
BBBabe, I worked in the financial industry for many years. I can reliably inform you that it was corrupt then, and can reasonably infer that it is still corrupt now. Unless and until you have honest regulators equipped with legislation with teeth AND the will to effect reform (however painful and no matter what vested interests are "disadvantaged") then we will always have the current status quo. There have been some promising developments recently but they do not IMHO go anywhere near far enough.