In case anyone here isn't aware. FINRA is privately owned and funded by members. Some of these larger financial institutions that are writing these laws through lobbying, etc. are multi-billionaires. Some of them are close to being trillionaires. They've got all that money and yet they want to kill competition and take from people making less than $25,000 a year. People that can barely feed themselves and buy clothing for their children. Obviously, I'm not as PC as most on these boards, but that's because I am not afraid of some scumbag mafia regulator trying to invoke fear. What is going on right now is highway robbery. It's going on in EVERY industy, not just finance. Obama & his group of thugs are turning a blind eye to all these new job-killing regulations. Before you know it, most of you will be out on your ass in the streets if there is no collective effort to end this non-sense and restore peace and prosperity to America. Some of you are going to say "it's to protect the consumer." I agree to some extent. If you have an IQ below 50, you need to be protected by big brother government. The rest of us don't need to be protected from ourselves. I'm afraid those that disagree are the naive big brother seeking type that are going to find themselves in a miserable nightmare if they get the same shmucks running the senate and house of representatives (as of right now that looks like a lock). Oh and on a side note, if you work for one of these organizations, pass on this message: ....................../´¯/) ....................,/¯../ .................../..../ ............./´¯/'...'/´¯¯`·¸ ........../'/.../..../......./¨¯\ ........('(...´...´.... ¯~/'...') .........\.................'...../ ..........''...\.......... _.·´ ............\..............( ..............\.............\...
http://www.marketwatch.com/story/finra-paid-ceo-26-million-for-2010-2011-07-01 - 2.6mm in 2010 Look for him to earn about 5-10m in 2011 with all the new revenues they are bringing in from ripping off small investors. Look for about 15-20mm in 2012.
ET is a source of endless entertainment for me. You've put the big "O" in bed with the capitalists, and others have him in bed with socialists. He is a busy guy Incidentally, annihilating competition in anyway they can and then going after their prey is exactly what every red blooded capitalist is supposed to do. It is up to you guys with "I.Q.'s above 50" to try and stop us. I laugh every time I hear these clowns that are running for public office mention free markets and capitalism in the same sentence. That like putting the words "ethics" and "corporation" in the same sentence!
I don't use those isms. They are a part of the divide and conquer mentality. Obama only cares to line thr pockets of his biggest contributors for his campaign. He could give 2 shits about free markets, capitalism, communism, socialism, etc... He knows these are but tools in his arsenal.