If there is one thing we learned, or should have learned is that without strong regulations and vigilant oversight, the urge for maximizing short term profit at the expense of everything else will predominate
You mean you are satisfied with the current oversight for financial companies like MF Global? It was both the SEC and the CME that regulated them up to two months ago. Opp's,
I guess the answer might be in having proficient regulators regulating skimpy law's versus the current situation of the keystone cops policing restrictive laws. MF Global fell under the new regs.
By the way, who signed the repeal of Glass Steagle?
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.