Comments on: Why the Obama White House Cannot Reform Wall Street http://www.ritholtz.com/blog/2009/10/why-obama-cannot-reform-wall-street/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 21:38:31 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: Mark E Hoffer http://www.ritholtz.com/blog/2009/10/why-obama-cannot-reform-wall-street/comment-page-1/#comment-228353 Mark E Hoffer Thu, 22 Oct 2009 11:23:35 +0000 http://www.ritholtz.com/blog/?p=41762#comment-228353 wally Says: October 21st, 2009 at 8:37 am I’m not so sure that Paul Volker should ‘force the case’ by stomping out the door. ~~ wally, see "If Volcker was, really, interested in ‘Reform’, he’d ‘force the case’, or walk–giving i-views on the way out the door.." note the use of 'or' .. for further, see http://www.rif.org/ and/or http://www.teaching-esl-to-adults.com/free-esl-worksheets-for-beginners.html wally Says: October 21st, 2009 at 8:37 am

I’m not so sure that Paul Volker should ‘force the case’ by stomping out the door.
~~
wally, see “If Volcker was, really, interested in ‘Reform’, he’d ‘force the case’, or walk–giving i-views on the way out the door..”

note the use of ‘or’ ..

for further, see http://www.rif.org/ and/or http://www.teaching-esl-to-adults.com/free-esl-worksheets-for-beginners.html

]]> By: Maybe we could shoot the banksters into the air instead of anvils? | http://www.ritholtz.com/blog/2009/10/why-obama-cannot-reform-wall-street/comment-page-1/#comment-228308 Maybe we could shoot the banksters into the air instead of anvils? | Thu, 22 Oct 2009 01:35:10 +0000 http://www.ritholtz.com/blog/?p=41762#comment-228308 [...] Why Obama can not reform Wall Street. (Because he’s getting advice from the perps.) [...] [...] Why Obama can not reform Wall Street. (Because he’s getting advice from the perps.) [...]

]]> By: fenner http://www.ritholtz.com/blog/2009/10/why-obama-cannot-reform-wall-street/comment-page-1/#comment-228293 fenner Thu, 22 Oct 2009 00:49:35 +0000 http://www.ritholtz.com/blog/?p=41762#comment-228293 Unfortunately, it's not that Obama is listening to the wrong people, it's that Obama and the wrong people are making corrupt decisions. Obama is as corrupt as his advisers. They are simply telling him what he wants to hear. Never in the history of this country have so many good people backed such a bad person. In every single aspect, from torture, to drone attacks on innocent children, to massive wealth transfer, to campaign finance, to deliberately killing the public option, to undermining Kyoto and any true climate change treaty, to handing the reins over to Stan McChrystal, never before has such a bad person swayed so many good people. I voted for him and I feel sorrow for the damage he's already afflicted on the world. I should have known from his ethanol policies before the election. What compassionate human being would knowingly inflict that on the invisible poor and be able to sleep at night? Unfortunately, it’s not that Obama is listening to the wrong people, it’s that Obama and the wrong people are making corrupt decisions. Obama is as corrupt as his advisers. They are simply telling him what he wants to hear. Never in the history of this country have so many good people backed such a bad person. In every single aspect, from torture, to drone attacks on innocent children, to massive wealth transfer, to campaign finance, to deliberately killing the public option, to undermining Kyoto and any true climate change treaty, to handing the reins over to Stan McChrystal, never before has such a bad person swayed so many good people. I voted for him and I feel sorrow for the damage he’s already afflicted on the world. I should have known from his ethanol policies before the election. What compassionate human being would knowingly inflict that on the invisible poor and be able to sleep at night?

]]> By: Paul Jones http://www.ritholtz.com/blog/2009/10/why-obama-cannot-reform-wall-street/comment-page-1/#comment-228235 Paul Jones Wed, 21 Oct 2009 21:23:16 +0000 http://www.ritholtz.com/blog/?p=41762#comment-228235 I don't want to be a serf in a financial aristocracy. I want to to be a free man in a republic. And I am willing to fight for that. I don’t want to be a serf in a financial aristocracy.

I want to to be a free man in a republic.

And I am willing to fight for that.

]]> By: Market Talk » Blog Archive » Volcker’s A Guy Who Knows A Thing Or Two http://www.ritholtz.com/blog/2009/10/why-obama-cannot-reform-wall-street/comment-page-1/#comment-228177 Market Talk » Blog Archive » Volcker’s A Guy Who Knows A Thing Or Two Wed, 21 Oct 2009 19:54:29 +0000 http://www.ritholtz.com/blog/?p=41762#comment-228177 [...] administration’s stance prompts Big Picture blogger Barry Ritholtz to wonder if Obama can actually reform Wall Street in a successful manner, considering he’s taking [...] [...] administration’s stance prompts Big Picture blogger Barry Ritholtz to wonder if Obama can actually reform Wall Street in a successful manner, considering he’s taking [...]

]]> By: Wednesday links: cash returns Abnormal Returns http://www.ritholtz.com/blog/2009/10/why-obama-cannot-reform-wall-street/comment-page-1/#comment-228019 Wednesday links: cash returns Abnormal Returns Wed, 21 Oct 2009 16:40:49 +0000 http://www.ritholtz.com/blog/?p=41762#comment-228019 [...] Paul Volcker is pounding the table on de-risking banks.  Is any one listening?  (NYTimes also Baseline Scenario, Big Picture) [...] [...] Paul Volcker is pounding the table on de-risking banks.  Is any one listening?  (NYTimes also Baseline Scenario, Big Picture) [...]

]]> By: Alan http://www.ritholtz.com/blog/2009/10/why-obama-cannot-reform-wall-street/comment-page-1/#comment-228010 Alan Wed, 21 Oct 2009 16:20:30 +0000 http://www.ritholtz.com/blog/?p=41762#comment-228010 @Mark Wolfinger, <blockquote><em>"Maybe last nights Frontline on PBS will produce a groundswell of just how bad Summers is. That would enable the big O to unload Timmy G at the same time."</em></blockquote> They're there to ensure the sequel to this horror show--smiling at the camera like Damien at the end of The Omen. @Mark Wolfinger,

“Maybe last nights Frontline on PBS will produce a groundswell of just how bad Summers is. That would enable the big O to unload Timmy G at the same time.”

They’re there to ensure the sequel to this horror show–smiling at the camera like Damien at the end of The Omen.

]]> By: bsneath http://www.ritholtz.com/blog/2009/10/why-obama-cannot-reform-wall-street/comment-page-1/#comment-227995 bsneath Wed, 21 Oct 2009 15:48:18 +0000 http://www.ritholtz.com/blog/?p=41762#comment-227995 From the "a little bit of fraud is OK" department: TARP report slams lack of transparency http://www.usatoday.com/money/industries/banking/2009-10-20-treasury-bailout-banks_N.htm From the “a little bit of fraud is OK” department:

TARP report slams lack of transparency

http://www.usatoday.com/money/industries/banking/2009-10-20-treasury-bailout-banks_N.htm

]]> By: Rikky http://www.ritholtz.com/blog/2009/10/why-obama-cannot-reform-wall-street/comment-page-1/#comment-227981 Rikky Wed, 21 Oct 2009 15:24:08 +0000 http://www.ritholtz.com/blog/?p=41762#comment-227981 >>Why don’t we force the change ourselves?? Together we can break up the bailed-out and/or TBTE (too big to exist) bad banks!!! the big banks are destroying themselves by their own actions, one consumer at a time. i just relayed a story about how BofA closed my brothers credit card recently because he had too high of a debt to income ratio. He had the card for 19 years and never missed a payment. my brother relayed a few other stories about new creative fees the big banks are charging to his friends that seem more extortion like than legit. my brother will never do business with BofA again. what you hope for is people take action and stick to it even when things get better. >>Why don’t we force the change ourselves?? Together we can break up the bailed-out and/or TBTE (too big to exist) bad banks!!!

the big banks are destroying themselves by their own actions, one consumer at a time. i just relayed a story about how BofA closed my brothers credit card recently because he had too high of a debt to income ratio. He had the card for 19 years and never missed a payment. my brother relayed a few other stories about new creative fees the big banks are charging to his friends that seem more extortion like than legit. my brother will never do business with BofA again. what you hope for is people take action and stick to it even when things get better.

]]> By: bsneath http://www.ritholtz.com/blog/2009/10/why-obama-cannot-reform-wall-street/comment-page-1/#comment-227978 bsneath Wed, 21 Oct 2009 15:00:18 +0000 http://www.ritholtz.com/blog/?p=41762#comment-227978 When the news came out that Summers made $5 million for a part-time hedge fund gig, the press said NOTHING. Summers is completely compromised. He is in the pockets of Wall Street. But ........he is Obama's bitch. When the news came out that Summers made $5 million for a part-time hedge fund gig, the press said NOTHING. Summers is completely compromised. He is in the pockets of Wall Street. But ……..he is Obama’s bitch.

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