View Single Post
  #1  
Old 09-30-2008, 12:18 AM
X5Flyboy's Avatar
X5Flyboy X5Flyboy is offline
Member
 
Join Date: Jun 2005
Location: ID, and a world of my own
Posts: 2,271
X5Flyboy is on a distinguished road
My bailout solution

1) recind Sarbanes-Oxley
2) recind Community Reinvestment Act of 1995
3) put back the uptick rule
4) put pack the original restrictions to Fannie-Mae & Freddie-Mac loans

see how the market reacts, THEN let's talk about money

Personally, I'd also like to see forfeiture of CEO "golden parachutes" if the company flounders or loses money due to mis-management. It wouldn't hurt to see some board of directors fired either. And WHY is the new 18-day CEO of Wachovia getting a $13+million severance?
__________________
Mark _______________________________
2001 X5 4.4i topaz blue/sand Sport, complete Dinan S2 , hitch, V1, tint, BSW Stage 1, Alpine INA-W910BT
___________
Life is not fair!
You can't protect people from their own stupidity!
Laughter makes life worth living
Reply With Quote

Sponsored Links