site Search:


 
    All Forums Hot Topics Gallery






how-to block ads


 
Search Topic:
Share Topic
Post a:
Post a:
AuthorAll Replies

amigo_boy

join:2005-07-22
Reviews:
·magicjack.com

reply to airtouch25

Re: Sure

said by airtouch25:

"Capitalism (markets) work best when there is transparency and predictability. That's why we have zoning laws and building codes."

That was one of Goldman Sach's arguments too.
Actually, Goldman (derivatives) flourished because transparency was defeated in 1998. We were told "markets get it right."

See PBS, Frontline: The Warning. There's a link in the top-right corner to watch the hour-long program. It's very interesting. Especially at the end, watching an emaciated Greenspan (a libertarian) saying the worldview (markets get it right) which guided his life was proven wrong.

Mark

Monday, 04-Jun 12:16:25 Terms of Use & Privacy | feedback | contact | Hosting by nac.net - DSL,Hosting & Co-lo
over 12.5 years online © 1999-2012 dslreports.com.
Most commented news this week
Hot Topics