On the Ball!
I expected the SEC to be on this issue much earlier - as in the day GTA declared/filed for zero! Grand Theft Auto was the tag of my post on this subject!
A slow reaction by the SEC - red-tape much! Or the power of the lobbyists?!
Considering that (to my knowledge after tedious search) not one single person is in jail for the insider trading fiasco of 2008 and before, that cost us $2.25 trillion and more of our money, I am surprised that they even acted this soon! That money is vapor!
Yes, AIG, Chase, BOA and the rest "paid" the money back - from profits made by staying in business, profits made from "us"! See bank and insurance fees since 2009! Not the original, missing trillions. Where that money went and why it has not been pursued to its ends - that is what we as clients who lost more than 50% of our investments should want to know!
That is the duty of the law enforcers of the stock market, elected officials and the President/s!
If all those banks and traders were let to collapse and go bankrupt, you and I would not have lost a cent, as not many of US have more than $100,000 sitting in a single account; the companies would have made a slow but sure recovery to today's status!
I expected the SEC to be on this issue much earlier - as in the day GTA declared/filed for zero! Grand Theft Auto was the tag of my post on this subject!
A slow reaction by the SEC - red-tape much! Or the power of the lobbyists?!
Considering that (to my knowledge after tedious search) not one single person is in jail for the insider trading fiasco of 2008 and before, that cost us $2.25 trillion and more of our money, I am surprised that they even acted this soon! That money is vapor!
Yes, AIG, Chase, BOA and the rest "paid" the money back - from profits made by staying in business, profits made from "us"! See bank and insurance fees since 2009! Not the original, missing trillions. Where that money went and why it has not been pursued to its ends - that is what we as clients who lost more than 50% of our investments should want to know!
That is the duty of the law enforcers of the stock market, elected officials and the President/s!
If all those banks and traders were let to collapse and go bankrupt, you and I would not have lost a cent, as not many of US have more than $100,000 sitting in a single account; the companies would have made a slow but sure recovery to today's status!