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No more hedging by banks
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<blockquote data-quote="1989" data-source="post: 676713" data-attributes="member: 10280"><p>Your right, it's all about GREED, government GREED and control. "We need to regulate the products not the institutions." (A CNBC quote) Will these rules do anything to prevent another fanni and freddi meltdown (bailout) I doubt it. </p><p></p><p>I do love how the volatility comes back into the markets when Obama talks his anti-prosperity rhetoric though. I nice 4% dip for the week. Wall street pros make as much money in a down market as in an up market. The middle class on down are the ones who lose on a week like this. They lose much of their wealth through pensions, 401Ks, and IRAs. It's even better when Barney Frank comes out and practally calls Obama a <img src="/community/styles/default/xenforo/smilies/group1/censored2.gif" class="smilie" loading="lazy" alt=":censored2:" title="Censored2 :censored2:" data-shortname=":censored2:" />.</p></blockquote><p></p>
[QUOTE="1989, post: 676713, member: 10280"] Your right, it's all about GREED, government GREED and control. "We need to regulate the products not the institutions." (A CNBC quote) Will these rules do anything to prevent another fanni and freddi meltdown (bailout) I doubt it. I do love how the volatility comes back into the markets when Obama talks his anti-prosperity rhetoric though. I nice 4% dip for the week. Wall street pros make as much money in a down market as in an up market. The middle class on down are the ones who lose on a week like this. They lose much of their wealth through pensions, 401Ks, and IRAs. It's even better when Barney Frank comes out and practally calls Obama a :censored:. [/QUOTE]
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