To: Evil Inc
Free the market! Let stocks and preferred and bonds and such for small businesses such and pizzerias and car washes be sold on ebay! Let clearinghouses come into existance that package securities from small businesses. Abolish the SEC! Eliminate the tyraany of filings ... let the market police itself.
Let me write a security on myself, couponding 10% of my gross for the next five years ... to finance my college education,. my new restaurant outfitting and stocking cist, etc. To sell to the public, wide-open the market.
16 posted on
11/02/2003 8:37:51 AM PST by
bvw
To: bvw
Possibly the establishment of local or smaller area(states?) stock exchanges where you could invest in local small business and individual talents. Rules could be established to protect investors.
17 posted on
11/02/2003 9:03:21 AM PST by
Evil Inc
To: bvw
Free the market! Let stocks and preferred and bonds and such for small businesses such and pizzerias and car washes be sold on ebay! Let clearinghouses come into existance that package securities from small businesses. How small, BVW?
Do you think that most small companies can afford the addtional overhead related to public reporting requirments, board oversight, etc.?
Do you think that fraud is more likely to occur in a small, thinly traded company, or a large, well-known one?
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