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asx and year of pig

  1. 1,050 Posts.
    Good year for the Pig. As chinese prophet said men can "pretending be a pig so they can eat the tiger".
    There is no regulation to stop market rumours and speculators. Today's golden words are "we are approached by private equity group"...
    High tech bubble six years ago forced many families into financial crises and highest bad debts…
    Bankers and financial institutions (ie HSBC) was forced to raised their provisioning a lot higher and many debts written off.
    Courts was extremely busy to hear the unjustify statement and unable to judge the correctness of many company's market announcement like One.tel…
    Similar bells may be on the way if the regulators can not control the situation.
 
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