Steve Forbes says on CNBC that "these securities like dirivatives and packaged mortgages should NOT be marked to market but only show a loss when they are sold".
in other words, the FED should CHANGE the RULES to SAVE THEIR ASS!!!
OH it's JUST NOT FAIR for the poor baby's
To remove first post, remove entire topic.
want REG-U-LA-TION!!!
Steve Forbes says on CNBC that "these securities like dirivatives and packaged mortgages should NOT be marked to market but only show a loss when they are sold".
in other words, the FED should CHANGE the RULES to SAVE THEIR ASS!!!
It is truly ironic how the most conservative of free market Republicans suddenly howl for governmental assistance when they need it.And I say that as a conservative Independent, who sees gross inefficiencies in all branches of the government.But there government has a role to play;it usually is too late and as usual inefficient when it does play a role. Of course the bungling of the financial regulators is absolutely nothing compared to the track record of the CIA and FBI ...
It is truly ironic how the most conservative of free market Republicans suddenly howl for governmental assistance when they need it.And I say that as a conservative Independent, who sees gross inefficiencies in all branches of the government.But there government has a role to play;it usually is too late and as usual inefficient when it does play a role. Of course the bungling of the financial regulators is absolutely nothing compared to the track record of the CIA and FBI ...
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