Friday, March 23, 2012

Fiascos Frauds and Fixes

Read through this link.   It is instructive.  It let's you know the depths to which the government and its regulators really understand what happened and is still happening.  And don't forget or think for a second that they are stupid, after all, they got us working our butts off to fund their power, privilege, and pensions.    Also the CFTC is dependent on the markets for it's very existence, so their opinions are restricted by that fact.


“It Takes a Pillage—Financial Fiascos, Frauds and Fixes”

Speech by Commissioner Bart Chilton to the Hot Springs Village Democratic Club, Hot Springs Village, AR

March 23, 2012

1 comment:

  1. Once the markets become weak, all these fixes , Frauds have started emerging.


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