Boehner & co seek to hobble SEC

[Polk]

I say cut the funding of the entire government to a level unseen in history.

Less money spent on Wall Street, like that was the problem for the government, banks, and Wall Street breaking the law.

Want to stop the criminals, catch them and throw them in Jail, we should start by at least throwing out every politician not screaming for investigations into the financial meltdown.

I bet when you get to the truth of the story, its nothing like whats posted.

They've already had an investigation. The Republican members of the committee refused to sign on to the report because it didn't blame the CRA for the crisis.

Funny that.

Also, they felt they weren't hugged enough during the hearings.

 

[Dot Com]

why in the world would you think they need anybody watching them, they are good corperate citizens, it's govt's fault they have to be the way they are. In the old days they just did it and nobody questioned it.
Just like pollution, hell they used to hire the farmer to take the suff home in the back of his pick up and dump it in a low spot somewhere, never hurt anybody did it. Now all the god dam rules have just screwed things up.

Can't tell if you're being truthful or sarcastic You against policing the crooks on Wall St or no?

 

[Mad Scientist]

"We'd have to have significant curtailment of our staff and resources," he said. "We would not be able to police or ensure transparent markets."

They haven't been "policing or ensuring transparent markets" anyway.

If a person doesn't do his job, he gets fired. Should be the same for government entities.

 

[Polk]

"We'd have to have significant curtailment of our staff and resources," he said. "We would not be able to police or ensure transparent markets."

They haven't been "policing or ensuring transparent markets" anyway.

If a person doesn't do his job, he gets fired. Should be the same for government entities.

They couldn't do it because they lacked the sources to do.

 

[Dot Com]

These feckers should be in prison!!!
Moody's to Raise Rating Fees to Offset New Rule Costs, Piper Jaffray Says - Bloomberg

By Matthew Leising - Sep 20, 2010 12:37 PM ET

Moody’s Corp. plans to raise prices to grade debt by about 5 percent to offset increased regulatory and compliance costs, according to Piper Jaffray & Co.

if they were doing their f'ing jobs properly and not telling the Wall St thugs what they wanted to hear, they wouldn't be in this bind.
Credit rating agency - Wikipedia, the free encyclopedia
I think out of The Big Three, Fitch's was the only one who was more reluctant to rubber-stamp the junk that people like Fabrice Tourre put together.
http://en.wikipedia.org/wiki/Credit_rating_agency#The_Big_Three