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2010-05-11 Economy

Why a Navy SEAL Could Help Fix Our Broken Financial System

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Posted by tipper 2010-05-11 15:21|| || Front Page|| [1 views ] Top

#1 Oh gee! I thought he was gonna say, "Send a Seal in, capture one of the big finance guys, slap him around, and kick him in the butt." If they would do that every now and then, the finance guys on Wall Street would behave a bit better. We could call this "feel good justice'.

Posted by whatadeal 2010-05-11 15:52|| 2010-05-11 15:52|| Front Page Top

#2 We already have established laws & people to apply many useful fixes, e.g., laws against fraud and conspiracy to restrain trade. We even have an Attorney General, who is reputed to be alive, although that entity seems to prefer pursuing useless goals.

Posted by Anguper Hupomosing9418 2010-05-11 16:24|| 2010-05-11 16:24|| Front Page Top

#3 Three simple rules:

1) Do not allow mergers that will result in financial institutions that could be "too big to fail"

2) If a company has been bailed out because it was "too big to fail" - break it up.

3) If it's not "too big to fail" - LET IT FAIL.

Posted by DMFD 2010-05-11 21:23|| 2010-05-11 21:23|| Front Page Top

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