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Archive for February, 2012

Some Thoughts On “GOP’s Hopes Rise for Control of Senate”

andreas again, past history of the financial crisis is now of purely academic interest. bottom line is credit crisis have happened before, and will happen again. as to CDS being unregulated.... if the bankers weren't smart enough to prevent the crash, you think barney frank can? we're on the wrong course with the deficit spending and the thougta san andreas cheats pcds of pages of new regs. all that dodd-frank actually accomplished is institutionalize too-big-to-fail, and further distort risk assessment More

Opinion On “News Corp.’s News of the World Roiled by New Hacker Allegation”

Getting unauthorized access to someone else's phone is a felony in the US. Lots of people have gone to jail for that. In the US a few years ago a reporter working on an expose of a Fortune 500 corporation dialed into their phone system after an inside source gave him a password. He got caught, eset nod32 username and password as I recall, he was convicted of a crime, the corporation settled a large damage suit against the newspaper, and the newspaper retracted the story, even though it was a legitimate More

An Opinion On “UBS Loss Highlights Gaps”

He is innocent until proven guilty. The fact that his picture is being shown repeatedly tells us how desperate Wall Street is to point out that this guy was an 'outsider'... UBS is mostly white thieves, er I mean traders, and here is a black man... who is obviously not one of them. So we should keep trusting Wall Street and keep sending them our money :) Pathetic. Having said that, I can guess why he is smiling. He is smiling because he has brought justice to the world.... he has relieved UBS of More