Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: rabscuttle385
Hmm.. is this a new black hole? Or is it something we already know but turning out to be more serious?

Many big transactions are "dark" these days. We have dark pools and dark liquidity, too. Finance morphed into a cload-and-dagger style playground. Market transparency in my ass.

The recovery of financial markets should introduce more transparency. Instead, we have more and more opaque and secretive markets. This is not the way to promote well-functioning free market. This is another way of saying that we are totally cooked and they are hiding many ugly secrets to cover up the true magnitude of crisis and postpone the inevitable fall with tax payers' money or money printing press. No good would be coming out of this.

11 posted on 11/10/2008 6:51:15 AM PST by TigerLikesRooster (kim jong-il, chia head, ppogri, In Grim Reaper we trust)
[ Post Reply | Private Reply | To 3 | View Replies ]


To: TigerLikesRooster
This is another way of saying that we are totally cooked.

Let me tell you something strange that I encountered at my bank. When I desposited a check on Monday, they said I would not have access to the money until Thursday, because of the holiday.

I have never been told that it would take so long to "clear" a regular paycheck.

The teller suggested that I take some "cash back" under the circumstances.

118 posted on 11/11/2008 9:22:17 AM PST by happygrl (BORG: Barack 0bama Resistance Group: we will not be assimilated)
[ Post Reply | Private Reply | To 11 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson