Grumpy Pants

[rich]

Obama said he push for more regulation but it appears not to be moving
forward--derivatives trading is still unregulated, the banks are flush
with cash but are still not really lending. can't see that anything
has changed all that much

also, what's funny is those morons started to sing the Star Spangled
Banner when GS stock was lifting b/c of a ban on short selling by an
agency in the UK!

I used to work on Wall Street--the level of ignorance about simple
things like geography/history was truly amazing (an American
specialty, too)

another movie reminder--Network

'there are no nations, there is only ITT', etc etc.

how so ever true today except replace ITT with Goldman Sachs. same
system, only different masks, same players

rich

On 10/15/09, Michael Bailey <michael.lee.bailey at gmail.com> wrote:
> rich <wrote:
>
>> trying to determine what had been responsible for the lift and
>> discovered that the Financial Services Authority in the U.K. had
>> announced a 30-day ban on short-selling 29 financial stocks, including
>> Goldman Sachs’s.
>>
>>
>
> so, government regulation saved the day...at least for Goldman Sachs...
> Milton Friedman no doubt rolling over in the hereafter
>
>
> --
> --- "Can't say it often enough -
> change your hair, change your life."
> - Sortilege
>
>