http://www.rgemonitor.com/ Some reasons being.... Changing the rules in the SS game... Allowing LEH to fail.... etc....
So... EVERYBODY who has lost money is going to beg the Treasury and Fed to make them whole? Why bother with capitalism and markets at all?
Seriously, I feel bad for the LEH prime brokerage customers. They thought they're safe, because their assets were supposed to be in segregated accounts. Not so. They will get back pennies on the dollar. Sad.
Must be a wind up surely Anyway riots in NYC if this happens. The Irish bookie Paddy Power is already making NY the first major city to start rioting and incredbly short odds of 9/4. Bookies don't often get it wrong.
My lunch was not to my liking - I want a @#$%ing bailout to pay so I can get a different lunch. Everyone deserves a bailout - if one red cent goes to a hedgie for anything I will laugh because it proves beyond a shadow that 'the game' is completely rigged and controlled systematically.
I dont think gov has any interest in protecting HF. There are no regulations governing them which allowed them to take vastly greater risks than banks. A lot of them are finished