In the News

• Wachovia execs could get $98.1 mn in severance – Reuters via Seeking Alpha
• What are the governance implications of the federal bailout? - Riskmetrics

Comments

[Trent]

Good morning my fellow educated individual investors. I would like to be the first to apologize to each of you for beating around the bush concerning what it will take to correct our corporate/economic structure.

It's amazing what staying at a Holiday Inn Express will do for an uneducated investor. I really appreciate the confidence of existing investment brokers when they predict how long it will take to restructure or build investor confidence but in all reality they are speaking for American citizens under normal situations and conditions. Which we are in neither so their oracle predictions are way off base.

Americans, investors, bankers and hard working CEOs need to feel the foundation of security under their feet and as of yet our government hasn't provided that yet. Confidence is restored through accountability, the sheriff walking down the street taking names and distributing justice. Yes I said that unforbidden word (Justice). American citizens will not invest, spend, borrow, nor will bankers lend, brokerage firms invest until justice has been served and ditributed (The Boogey Man is still out there). Dylan Ratigan and others can't take the place of our Justice System; it's totally unfair to ask them to do such as well even though they have done an excellent job. This country must stop governing as though we got here without any significant crimes/misconduct being committed and expecting to TARP/BARF their way out of this mess; offering common citizens a free ticket to more debt rides. We all love our country but our government is trying too hard in the activity arena.

Lets talk about Franklin D Roosevelt, I totally agree he did more for this country in a time when we were at our weakest and most vunerable point in history. He created jobs, fought crime, addressed child welfare, fed the hungry and was the ultimate "Servitude Leader" or ultimate employee of our federal government.

Now this is where we start to educate each other and fix our Great Country. Historians tell a story of FDR calling a particular businessman to the White House and explaining to him his duty to service and handing him a non-negotiable offer to Country...(The First SEC Chairman of our Great Nation)!

I'll let the historians debate why he chose Joseph P. Kennedy Sr. for the task but the rest is History. I have asked this question numerous times, Who will be the gatekeeper and restore honor, integrity, transparancy, indivdual investor representation, banking institution confidence, accountability, boardroom conduct and structure to our economy/market?

Since we have gotten ourselves in this mess, a few CEOs have only listened to one man...Andrew Coumo. Our government have done nothing to restore order in the saloon but to offer more whiskey for civil disorder/disobedience while fellow americans look out their foreclosed windows in fear.

I'm not reccommending Mr. Coumo but why is he looking like the sheriff while others are wallpapering the underlying issues and plugging holes with printed money? Our civil servants are looking out of touch with their fellow americans with every decision made to restore order.

I look forward to the debate of why FDR chose Mr. Kennedy, what effect would he have on the market/traders, world leaders, businessmen, business practice structure and oh fellow Americans. Key bankers at that time in history restored confidence in the capital structure but Kennedy Sr. restored and maintained the solid foundation of our economical structure.

What Manner of Men do we have serving our Country today?

I wish I had more time to discuss this issue but I must be brief out of respect for others.

God Bless America!