August 19, 2008
I will no longer trade stocks because of this type of rule, or should I say - because of the selective application of this type of rule.
Why isn't this principle applied to every other stock? Or to commodity contracts?
If you want a sure-fire way to destroy confidence in all markets, this 19-bank only approach is the way to do it. Why do a select few investment banks and their owners receive this type of protection?
It smacks of special treatment for the rich, and it is truly disgusting.
Regards, Jerry Wendel