Posted by Spook on September 24, 2008 at 05:20:09 from (75.45.90.207):
In Reply to: OT posted by Jack a on September 24, 2008 at 04:39:37:
Voluntary regulation has never worked. Fox and chicken coup ring a bell? Much of the securities that went bust were derivatives, that were not regulated, and the self regulation evaporated. I don't think the government should buy all the junk. Let the government have the good stuff, let the wall street guys have the junk. They created it.
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