that the authorities pulled the ban knowing MS would be finished. The Nov 10 p when ballistic at the open. What a crime. All those people.......All that wealth. I have no affinity for them, but this is sad.
You know, I was thinking along those lines. But, I know how truly corrupt the SEC is, so it scares me. I think you're saying, they're using it to draw out the perps. That's my thinking, but I despise the authorities so much, I'm not willing to risk capital believing they'll do the right thing.
Regarding the thread topic, even though it was written by an imbecile, it's worth commenting on. None of these guys screwed up, they are doing what they have been planning to do for a while. Pillaging the coffers and moving offshore. It's more blatant because it is crunch time. I remember a certain individual, who used to be part of these cronies, saying this. These companies are all a scam now, the profits are paper profits, they do not exist. It for the executives to extract money via salaries, bonuses, expense accounts & stock options. Sounds absurd, but you are watching it happen right now.
Not at all absurd... It is exactly what happened..... ............................................. Question is.... What can the US public do about it now ? ........................................... Reform The SEC and the Corporates have mingled for so long, the police paid and monitored the police...... Change............. Boiler plate all listings No Corp tax Consumption tax only Worldwide singular direct access exchange....all instruments, all languages... No dark pools...all is visible and on the table... Instrument information...handily found standardized on the internet.... ..................................... The whole failure story revolves around the incestual SEC Corp relationship.... ........................................... Thus you eliminate the present...and establish the future... ........................................... Listings should be boilerplate, and periodic information be placed before the public at the same time on the internet... ......................................... Separate banking by township.... Discounted asset based loans only, locally managed.... ..................................... And no....I am not joking..... ....................................... Reform.... One can run toward socialism which is the current path..... Or one can run toward capitalism.....which needs entirely new leadership.... ...................................... It is time for the two party democracy to end the special interest bullshit in government...and it will not end until it is eliminated and replaced....... ....................................... What is good about the current situation ... Is that it can be changed.... America's choice.....
Dr. Bryne has said, when this is over, we meet, there are about ten of us. He says we need to be sure this doesn't happen again for another 10o years. I think that's doable. YOu know it will happen again. But if we can reform the current system, perhaps we can save a few future generations from such grief.
The only good paying job in working for the SEC ....is the chance to cross the corporate legal largesse line.... And that is what it is all about folks.... It is called advancing from the G scale......