Stop allowing banks to borrow and mark their balance sheets to numbers they make up by forcing total transparency. We also need to have all of these over the counter derivatives traded on open exchanges with significantly less leverage. This was never a problem with free markets, it’s a problem with gray markets with assets that no one knows the value of. It’s a problem of unregulated insurance for bonds that devious parties can use to force companies out of business AND profit from their demise, with NO legal repercussions.
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Global Markets
DJIA 9015.10 +62.21
NASDAQ 1652.38 +0.00
S&P500 934.70 +0.00
^RUT 514.71 +0.00
^FTSE 4583.02 -55.90
^GDAXI 4989.85 -36.46
^N225 9239.24 +158.40
000001.SS 1924.01 -13.13
^BSESN 9586.88 -749.05
^TYX 3.07 +0.00
^TNX 2.50 +0.00
^FVX 1.70 +0.00
^IRX 0.13 +0.00
^VIX 38.56 +0.00
XLF 12.65 +0.00
XLY 22.93 +0.00
USO 37.25 +0.00
UNG 24.83 +0.00
GLD 85.13 +0.00
SLV 11.34 +0.00
DBB 13.02 +0.00
DBA 27.15 +0.00
USDJPY=X 93.28 +0.00
USDCHF=X 1.10 +0.00
EURUSD=X 1.36 +0.00
GBPUSD=X 1.49 +0.00
AUDUSD=X 0.72 +0.00
NZDUSD=X 0.60 +0.00
2009-01-06 16:04 -
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