Interesting People mailing list archives
Re: The crisis caused by bankers may take us to the edge of bankruptcy (Ireland)
From: David Farber <dave () farber net>
Date: Tue, 21 Oct 2008 10:48:50 -0400
Begin forwarded message: From: "Ed Gerck, Ph.D." <egerck () nma com> Date: October 21, 2008 10:44:29 AM EDT To: Chris Beck <cbeck () lb wordpress com> Cc: dave () farber netSubject: Re: [IP] The crisis caused by bankers may take us to the edge of bankruptcy (Ireland)
Chris Beck wrote:
On Mon, Oct 20, 2008 at 8:02 PM, David Farber <dave () farber net <mailto:dave () farber net >> forwarded:Begin forwarded message: From: "Ed Gerck, Ph.D." <egerck () nma com <mailto:egerck () nma com>> Are we now in a position to finally state that systems cannot self-regulate?Of course not. It can be argued ( imho truthfully but irrelevantly)) that the market was still heavily regulated by the SEC and other gov't agencies.
I think there is a consensus that regulation was lacking across the board (and not just in the SEC area), pushing the idea that self- regulation should be the main control element. Further onto the SEC, anyone who has looked into the proxy voting practices in the private sector knows that the SEC is looking the other way while company management breaks vote secrecy and privacy, and uses "proxy solicitors". BTW, I have a full report with candid testimony on this, still from the end of Clinton's government. So, it is not a partisan problem.
Best regards, Ed Gerck ------------------------------------------- Archives: https://www.listbox.com/member/archive/247/=now RSS Feed: https://www.listbox.com/member/archive/rss/247/ Powered by Listbox: http://www.listbox.com
Current thread:
- The crisis caused by bankers may take us to the edge of bankruptcy (Ireland) David Farber (Oct 20)
- <Possible follow-ups>
- The crisis caused by bankers may take us to the edge of bankruptcy (Ireland) David Farber (Oct 20)
- Re: The crisis caused by bankers may take us to the edge of bankruptcy (Ireland) David Farber (Oct 21)
- Re: The crisis caused by bankers may take us to the edge of bankruptcy (Ireland) David Farber (Oct 26)