The Failure to Reform
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The Failure to Reform
By Jesse
I hope everyone has the opportunity to see “Inside Job” in the months ahead.
The issue is not settled. As someone who watches the markets closely every day, often tick by tick, and speaks to market participants around the world, I see an accident waiting to happen in the US financial system. And it is surprising, almost shocking, that it receives so little attention while there is so much focus on the relatively trivial.
We have just witnessed one of the greatest financial frauds in modern history. Where are the indictments? Where is the reform?
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Related reading:
A Handwave Forecast for 2011
Jesse’s Café Américain (22 Dec 10)
On Obama’s Failure To Carry Out His Elected Mandate To Reform
Jesse’s Café Américain (21 Dec 10)
