No regulation, no foul...If the regulators won't regulate of course they are going to go berserk.
The US govt doesn't give a sh#t what the banks do, it's sink or swim at the moment and all the rats are leaving the ship.
"Executives and insiders at U.S. companies are taking advantage of the steepest stock market gains since 1938 to unload shares at the fastest pace since the start of the bear market..
While the Standard & Poor’s 500 Index climbed 28 percent from a 12-year low on March 9, CEOs, directors and senior officers at U.S. companies sold $353 million of equities this month, or 8.3 times more than they bought, data compiled by Washington Service, a Bethesda, Maryland-based research firm, show."
http://www.taipanpublishinggroup.com/taipan-daily-042809.html
ALL BETS ARE OFF!!
Come on!? Mark to fantasy what world are we living in?? this is the pixy world!
T
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