February 23, 2009
When are you going to remove the Mark to Market rule either permanently or temporary. You surely know the banks assets that are marked to zero have value. This alone has destroyed the financial markets and therefore has ruined the retirement funds of untold numbers of Americans.
Along with the above, the removal of the up-tick rule has given the professional short sellers a field day alowing them to amass millions upon millions of dollars at the touch of a computer key. What you and Cristophher Cox have done is drive honest investors from the markets and left it a den of theives. If you want to get the economy back on track you should make these changes immediately.