[TigerLikesRooster]

Providing transparency is the last thing many big financial entities want. They want things vague enough to make the situation look better than it really is.

[TigerLikesRooster]

Ping!

[durasell]

Today is not going to be pretty on Wall Street.

[BuffaloJack]

The failure to understand the financial system is mostly due to a huge set of regulations, laws and governmental mandates that make the system only understandable by people who have studied it for their entire lives. If the government didn’t meddle, it would be a black and white system that even a third grader could understand. Heaping on more government decrees and strings will only harm everyone.

[Cindy]

http://www.freerepublic.com/focus/chat/2136635/posts
“Are you looking for a job?”

Note: This thread is updated on a regular basis.

[ex-Texan]

A freaking 'Failure to Understand' . . . ? Most of the news readers are total idiots. Especially local news jerks. They do not have MBAs or even a Business degree. Most never studied DOW theory or finance at the graduate level. 98% of television news readers are over-paid and chosen because they are 'cute.' Just like perky Katy Couric, who is aging quickly.

There is no mystery here: Talking heads and business writers are simply vomiting back talking points dictated by the White House. Garbage in, garbage out.

[ex-Texan]

I forgot to mention this:

$ 6.9 Trillion Was Lost By Investors in 2008 !

That does not include what was lost in 2005, 2006 and 2007. It also does not include losses due to hyper-inflated real estate and reckless borrowing thereon. Also does not include all the stupid credit card over limit charges and excessive fees deducted by banks.

I estimate total losses before 2009 easily at $ 9 Trillion. Underestimated. What's not to understand ______ ?

Our society is controlled by greedy crooks, blackmailers and thieves.

[Travis McGee]

How many mega-Madoffs and super-Stanfords are out there, ready to blow up?