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fourkids_9pets

03/22/11 8:32 AM

#2511 RE: AlanC #2510

Wall Street's “outsized compensation system” and reliance on trading for quick profits has distorted the country's banking system, Robert Wilmers wrote in his annual message to M&T's shareholders.

Those factors, plus the failure of government regulatory schemes to distinguish between Wall Street's “virtual casino” and normal banking, significantly hamper the economy, Wilmers wrote.



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pretty much says it all

in the last decade .. *investment* has become a dirty word
while volatility is desired .. and with a controlled market
even those sor who invest for the LT may find the *maintained*
PPS of big board co.s' <msft comes to mind> for a decade plus
with little to show by way of a ROI for that time invested
to be inducement enough

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4kids
all jmo