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Reply #6: We need a regulated, open, system where people can buy and sell shares of stock. [View All]

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pnwmom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-29-10 11:49 AM
Response to Original message
6. We need a regulated, open, system where people can buy and sell shares of stock.
Edited on Thu Apr-29-10 11:50 AM by pnwmom
What are you proposing instead of Wall Street?

One of the big problems with derivatives is that they are carried off the books and are NOT publicly traded -- so no one really knows who holds them or how much money is tied up in them.
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