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dwalrus

11/24/10 9:25 AM

#7349 RE: Omphalos #7347

I doubt im that lucky...

but you are strong like bull,,I LIKE>>>wait time: tventy minutes..


it would be nice to clean the bastard child exchanges out,,,and I do agree,,it would free up LEGIT capital to these companies..not just salaries and interest payments..well see,,i wouldnt mind larry sweating it out a little,,like hes made his shareholders do..

tigertrader

11/24/10 9:53 AM

#7350 RE: Omphalos #7347

Omphalos - Please forgive me. My post was addressed to you, but it was intended for the edification of others on this board. I realize that you are cognizant of the machinations that pervade this industry.

I agree with you. These systemic abuses, perpetrated by the bottom-feeders you make reference to, all the way up to the biggest manipulator of the system and the markets (the Fed), will result in a backlash of historic proportions.

As you stated, these firms have perverted and nearly destroyed the very essence of the capital markets; capital formation and price discovery. Until something is done to restore the integrity and credibility of the markets, the risk will continue to be pervasive.