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we need enforcement, not new regulations


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#1 dasein

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Posted 19 October 2009 - 01:33 PM

just like the SEC, etc...enforcement is the problem

http://www.bloomberg...id=ay69xSKX9MM8
best,
klh

#2 goldswinger

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Posted 19 October 2009 - 02:27 PM

just like the SEC, etc...enforcement is the problem

http://www.bloomberg...id=ay69xSKX9MM8


I agree with you, but you cannot get enforcement from the foxes guarding the henhouse. Just take a look at the story on Stock fails below. Makes Madoff look like a small time crook.

http://www.rollingst...naked_swindle/1

GS.

#3 dasein

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Posted 19 October 2009 - 02:36 PM

agree GS - just mean every time there is a problem resuting from those foxes, DC says oh, NOW we see the light and we gonna write some new tough rules - rules were fine, problem was the foxes did nothing to enforce them, duh!
best,
klh