From: Dinosaur_Sr on
On Oct 1, 10:12 pm, "gray asphalt" <dontwr...(a)gmail.com> wrote:

> How do we handle the 'too big to fail' thing?
> Break up monopolistic large banks ... return
> to the time when investment and regular banks
> were not allowed to mix ... stop all of the
> derivitives, short sales, credit default swaps
> ... or are we just wasting our time because
> those guys are just smarter and more connected
> than we will ever comprehend and they will
> find another way to cheat with the help of a
> corrupt government on both sides of the aisle.
> My apology to wedding planners.- Hide quoted text -
>
Too big to fail is a scam, IMHO. Has been done before, and works
before, and the companies involved have since failed anyways in many
cases. Banks can be replaced easily. Sure a lot of rich guys will lose
their shirts, but to the rest of us they don't mean much.

From: gray asphalt on

"Dinosaur_Sr" <frostback2002(a)att.net> wrote in message
news:edc96f4c-d0ca-42d7-b674-227d94b806aa(a)k33g2000yqa.googlegroups.com...
On Oct 1, 10:12 pm, "gray asphalt" <dontwr...(a)gmail.com> wrote:

> How do we handle the 'too big to fail' thing?
> Break up monopolistic large banks ... return
> to the time when investment and regular banks
> were not allowed to mix ... stop all of the
> derivitives, short sales, credit default swaps
> ... or are we just wasting our time because
> those guys are just smarter and more connected
> than we will ever comprehend and they will
> find another way to cheat with the help of a
> corrupt government on both sides of the aisle.
> My apology to wedding planners.- Hide quoted text -
>
Too big to fail is a scam, IMHO. Has been done before, and works
before, and the companies involved have since failed anyways in many
cases. Banks can be replaced easily. Sure a lot of rich guys will lose
their shirts, but to the rest of us they don't mean much.

@@@

What about retirement funds and the like?


From: Dinosaur_Sr on
On Oct 7, 4:54 pm, "gray asphalt" <dontwr...(a)gmail.com> wrote:
> "Dinosaur_Sr" <frostback2...(a)att.net> wrote in message
>
> news:edc96f4c-d0ca-42d7-b674-227d94b806aa(a)k33g2000yqa.googlegroups.com...
> On Oct 1, 10:12 pm, "gray asphalt" <dontwr...(a)gmail.com> wrote:
>
> > How do we handle the 'too big to fail' thing?
> > Break up monopolistic large banks ... return
> > to the time when investment and regular banks
> > were not allowed to mix ... stop all of the
> > derivitives, short sales, credit default swaps
> > ... or are we just wasting our time because
> > those guys are just smarter and more connected
> > than we will ever comprehend and they will
> > find another way to cheat with the help of a
> > corrupt government on both sides of the aisle.
> > My apology to wedding planners.- Hide quoted text -
>
> Too big to fail is a scam, IMHO. Has been done before, and works
> before, and the companies involved have since failed anyways in many
> cases. Banks can be replaced easily. Sure a lot of rich guys will lose
> their shirts, but to the rest of us they don't mean much.
>
> @@@
>
> What about retirement funds and the like?

What about 'em?
From: gray asphalt on

"Dinosaur_Sr" <frostback2002(a)att.net> wrote in message
news:b9d5e814-e3a0-49fb-ac5a-7c1427a9d482(a)31g2000vbf.googlegroups.com...
On Oct 7, 4:54 pm, "gray asphalt" <dontwr...(a)gmail.com> wrote:
> "Dinosaur_Sr" <frostback2...(a)att.net> wrote in message
>
> news:edc96f4c-d0ca-42d7-b674-227d94b806aa(a)k33g2000yqa.googlegroups.com...
> On Oct 1, 10:12 pm, "gray asphalt" <dontwr...(a)gmail.com> wrote:
>
> > How do we handle the 'too big to fail' thing?
> > Break up monopolistic large banks ... return
> > to the time when investment and regular banks
> > were not allowed to mix ... stop all of the
> > derivitives, short sales, credit default swaps
> > ... or are we just wasting our time because
> > those guys are just smarter and more connected
> > than we will ever comprehend and they will
> > find another way to cheat with the help of a
> > corrupt government on both sides of the aisle.
> > My apology to wedding planners.- Hide quoted text -
>
> Too big to fail is a scam, IMHO. Has been done before, and works
> before, and the companies involved have since failed anyways in many
> cases. Banks can be replaced easily. Sure a lot of rich guys will lose
> their shirts, but to the rest of us they don't mean much.
>
> @@@
>
> What about retirement funds and the like?

>> What about 'em?


Don't retirees suffer when places like Lehman Bros
and others collapse? I should research maybe. It seems
like one of the strategies of crooks is to get money from
sources like this ...




From: Dinosaur_Sr on
On Oct 7, 9:49 pm, "gray asphalt" <dontwr...(a)gmail.com> wrote:
> "Dinosaur_Sr" <frostback2...(a)att.net> wrote in message
>
> news:b9d5e814-e3a0-49fb-ac5a-7c1427a9d482(a)31g2000vbf.googlegroups.com...
> On Oct 7, 4:54 pm, "gray asphalt" <dontwr...(a)gmail.com> wrote:
>
>
>
> > "Dinosaur_Sr" <frostback2...(a)att.net> wrote in message
>
> >news:edc96f4c-d0ca-42d7-b674-227d94b806aa(a)k33g2000yqa.googlegroups.com....
> > On Oct 1, 10:12 pm, "gray asphalt" <dontwr...(a)gmail.com> wrote:
>
> > > How do we handle the 'too big to fail' thing?
> > > Break up monopolistic large banks ... return
> > > to the time when investment and regular banks
> > > were not allowed to mix ... stop all of the
> > > derivitives, short sales, credit default swaps
> > > ... or are we just wasting our time because
> > > those guys are just smarter and more connected
> > > than we will ever comprehend and they will
> > > find another way to cheat with the help of a
> > > corrupt government on both sides of the aisle.
> > > My apology to wedding planners.- Hide quoted text -
>
> > Too big to fail is a scam, IMHO. Has been done before, and works
> > before, and the companies involved have since failed anyways in many
> > cases. Banks can be replaced easily. Sure a lot of rich guys will lose
> > their shirts, but to the rest of us they don't mean much.
>
> > @@@
>
> > What about retirement funds and the like?
> >> What about 'em?
>
> Don't retirees suffer when places like Lehman Bros
> and others collapse? I should research maybe. It seems
> like one of the strategies of crooks is to get money from
> sources like this ...

Investment involves risk...who is going to pay for it then...and what
about people working now trying to save for themselves now...they
supposed to give up their potential retirement for current retirees
because current retirees made some bad investment choices?

The only guarantee life offers is death. Anything else is up for
grabs...and the worst oppressor, as always, is government, and so it
shall remain!