September 25, 2009
It should concern you that the current situation invites illegal market manipulation. For extended periods the bid on a given security exceeds the ask. This happens during acceleraded high speed trading and indicates that collusion is occuring and the ask is being driven down faster than the bid. This is not possible in a rational markets and indicates that short sellers are moving the makets even though there is balance in demand and volume is stable. You've postponed action enough and cost countless people billions of dollars. Fix it or resign. Government pay is now better that privte pay, I am quite sure that there are many unemploted peoplle that would love your jobs and would be eager to do the right thing.