Replies to Msg. #718942
.
 Msg. #  Subject Posted by    Board    Date   
59161 Re: What are wall street scumbags good for?
   A lot of that money that was made has would up in the coffers of one B...
micro   POPE   27 May 2012
5:58 AM
59144 Re: What are wall street scumbags good for?
   Zim: Government is charged with taking care of our country. Wall...
killthecat   POPE   26 May 2012
10:45 PM

The above list shows replies to the following message:

What are wall street scumbags good for?

By: Zimbler0 in POPE
Sat, 26 May 12 10:42 PM
Msg. 59143 of 65535
(This msg. is a reply to 59130 by killthecat)
Jump to msg. #  

KTC> They were charged with taking care of our country and our markets.


No, KillTheCat,
The wall street scumbags were never charged with
'taking care of our country and our markets'.

Taking care of the country is the job of the
government - they are supposed to provide a
minimum amount of regulation over wall street.

The denizens of wall street are there to make money.
If stocks and bonds and such are 'traded' in a 'fair'
manner (properly regulated such that outright thieves
get guillotined) then we have a market whereby the
buying and selling of securities enhances the nations
economy and everybody can make money.

But make no mistake. Wall Street is there to make
money. Not to prevent idiots from being fleeced.

Zim.




Avatar

Mad Poet Strikes Again.