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	<title>Comments on: QOTD: Bankers Must Take Resposibility for Own Mistakes</title>
	<atom:link href="http://www.ritholtz.com/blog/2009/11/qotd-bankers-must-take-resposibility-for-own-mistakes/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.ritholtz.com/blog/2009/11/qotd-bankers-must-take-resposibility-for-own-mistakes/</link>
	<description>Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media</description>
	<lastBuildDate>Sat, 20 Mar 2010 19:28:15 -0400</lastBuildDate>
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		<title>By: Mark E Hoffer</title>
		<link>http://www.ritholtz.com/blog/2009/11/qotd-bankers-must-take-resposibility-for-own-mistakes/comment-page-1/#comment-233897</link>
		<dc:creator>Mark E Hoffer</dc:creator>
		<pubDate>Wed, 11 Nov 2009 19:08:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=43398#comment-233897</guid>
		<description>@beaufou 

I&#039;ve long wondered if Peep, knowing more about the Supply Chains, that feed them, would, actually, change their consumption patterns..

That art. does a pretty good job outlining all of the hidden Costs of our &#039;cheap Food&#039;-policy.

Sadly, peep think, if at all, that non-enforcement of Regulations applies only to Wall St. ..

They should wonder..</description>
		<content:encoded><![CDATA[<p>@beaufou </p>
<p>I&#8217;ve long wondered if Peep, knowing more about the Supply Chains, that feed them, would, actually, change their consumption patterns..</p>
<p>That art. does a pretty good job outlining all of the hidden Costs of our &#8216;cheap Food&#8217;-policy.</p>
<p>Sadly, peep think, if at all, that non-enforcement of Regulations applies only to Wall St. ..</p>
<p>They should wonder..</p>
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		<title>By: michaeld</title>
		<link>http://www.ritholtz.com/blog/2009/11/qotd-bankers-must-take-resposibility-for-own-mistakes/comment-page-1/#comment-233741</link>
		<dc:creator>michaeld</dc:creator>
		<pubDate>Wed, 11 Nov 2009 12:44:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=43398#comment-233741</guid>
		<description>All these issues with the banks keep causing volatility in the stock market. This makes it harder to make a profit, unless an investor has good timing signals to know when to get in and when to get out.

I believe the best way to approach this for those over 50 is focus on what it is you know and when done that much younger people did not have a chance to do yet, due to lower number of years employed.

But when all else fails, it makes sense to at least spend more time to manage your retirement accounts, and make up for the lost income, while you are waiting for the next job interview.

Yes, stocks have become much more expensive,and may consolidate a bit from where they are now.

However, using a good market timing system can help an investor profit both from the upside and downside of this market.

Consider http://invetrics.com 

Its daily DJIA index trading signal is up a respectable 68% for the year (as of November 1, 2009) and it is free of charge for individual investors.</description>
		<content:encoded><![CDATA[<p>All these issues with the banks keep causing volatility in the stock market. This makes it harder to make a profit, unless an investor has good timing signals to know when to get in and when to get out.</p>
<p>I believe the best way to approach this for those over 50 is focus on what it is you know and when done that much younger people did not have a chance to do yet, due to lower number of years employed.</p>
<p>But when all else fails, it makes sense to at least spend more time to manage your retirement accounts, and make up for the lost income, while you are waiting for the next job interview.</p>
<p>Yes, stocks have become much more expensive,and may consolidate a bit from where they are now.</p>
<p>However, using a good market timing system can help an investor profit both from the upside and downside of this market.</p>
<p>Consider <a href="http://invetrics.com" rel="nofollow">http://invetrics.com</a> </p>
<p>Its daily DJIA index trading signal is up a respectable 68% for the year (as of November 1, 2009) and it is free of charge for individual investors.</p>
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		<title>By: DiggidyDan</title>
		<link>http://www.ritholtz.com/blog/2009/11/qotd-bankers-must-take-resposibility-for-own-mistakes/comment-page-1/#comment-233706</link>
		<dc:creator>DiggidyDan</dc:creator>
		<pubDate>Wed, 11 Nov 2009 02:29:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=43398#comment-233706</guid>
		<description>Watch that M report and guidance in the Morn!

May be an indication of what&#039;s ahead for the holiday season.</description>
		<content:encoded><![CDATA[<p>Watch that M report and guidance in the Morn!</p>
<p>May be an indication of what&#8217;s ahead for the holiday season.</p>
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		<title>By: beaufou</title>
		<link>http://www.ritholtz.com/blog/2009/11/qotd-bankers-must-take-resposibility-for-own-mistakes/comment-page-1/#comment-233698</link>
		<dc:creator>beaufou</dc:creator>
		<pubDate>Wed, 11 Nov 2009 00:49:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=43398#comment-233698</guid>
		<description>meh
Talking about swine flu prevention, I have yet to hear of any measures taken against the likes of Smithfield foods who are no stranger to the problem.
http://www.rollingstone.com/politics/story/12840743/porks_dirty_secret_the_nations_top_hog_producer_is_also_one_of_americas_worst_polluters

People are refusing the flu vaccine for one reason or the other but not questioning what&#039;s in their plate very often.

Don&#039;t eat shit.
http://www.eatwild.com/</description>
		<content:encoded><![CDATA[<p>meh<br />
Talking about swine flu prevention, I have yet to hear of any measures taken against the likes of Smithfield foods who are no stranger to the problem.<br />
<a href="http://www.rollingstone.com/politics/story/12840743/porks_dirty_secret_the_nations_top_hog_producer_is_also_one_of_americas_worst_polluters" rel="nofollow">http://www.rollingstone.com/politics/story/12840743/porks_dirty_secret_the_nations_top_hog_producer_is_also_one_of_americas_worst_polluters</a></p>
<p>People are refusing the flu vaccine for one reason or the other but not questioning what&#8217;s in their plate very often.</p>
<p>Don&#8217;t eat shit.<br />
<a href="http://www.eatwild.com/" rel="nofollow">http://www.eatwild.com/</a></p>
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		<title>By: Mark E Hoffer</title>
		<link>http://www.ritholtz.com/blog/2009/11/qotd-bankers-must-take-resposibility-for-own-mistakes/comment-page-1/#comment-233687</link>
		<dc:creator>Mark E Hoffer</dc:creator>
		<pubDate>Tue, 10 Nov 2009 23:36:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=43398#comment-233687</guid>
		<description>@ Bruce, 

no doubt, a similiar story was even covered, here, in Local Playper.

the Search results, alone, should be telling..
http://www.mcall.com/search/dispatcher.front?Query=Flu+Vaccine&amp;target=article

gotta luv the appeal to Hartford Med School &quot;Experts&quot;..
and the phony logic &quot;...should really not be considered a &quot;new&quot; flu vaccine. It&#039;s made the same way flu vaccines are made every year...&quot; employed to catapault the Propaganda..

compared to: http://www.mcall.com/search/dispatcher.front?Query=Flu+Vaccine+Dangers&amp;target=article
v.
http://clusty.com/search?input-form=clusty-simple&amp;v%3Asources=webplus&amp;query=Flu+Vaccine+Dangers</description>
		<content:encoded><![CDATA[<p>@ Bruce, </p>
<p>no doubt, a similiar story was even covered, here, in Local Playper.</p>
<p>the Search results, alone, should be telling..<br />
<a href="http://www.mcall.com/search/dispatcher.front?Query=Flu+Vaccine&amp;target=article" rel="nofollow">http://www.mcall.com/search/dispatcher.front?Query=Flu+Vaccine&amp;target=article</a></p>
<p>gotta luv the appeal to Hartford Med School &#8220;Experts&#8221;..<br />
and the phony logic &#8220;&#8230;should really not be considered a &#8220;new&#8221; flu vaccine. It&#8217;s made the same way flu vaccines are made every year&#8230;&#8221; employed to catapault the Propaganda..</p>
<p>compared to: <a href="http://www.mcall.com/search/dispatcher.front?Query=Flu+Vaccine+Dangers&amp;target=article" rel="nofollow">http://www.mcall.com/search/dispatcher.front?Query=Flu+Vaccine+Dangers&amp;target=article</a><br />
v.<br />
<a href="http://clusty.com/search?input-form=clusty-simple&amp;v%3Asources=webplus&amp;query=Flu+Vaccine+Dangers" rel="nofollow">http://clusty.com/search?input-form=clusty-simple&amp;v%3Asources=webplus&amp;query=Flu+Vaccine+Dangers</a></p>
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		<title>By: Pat G.</title>
		<link>http://www.ritholtz.com/blog/2009/11/qotd-bankers-must-take-resposibility-for-own-mistakes/comment-page-1/#comment-233682</link>
		<dc:creator>Pat G.</dc:creator>
		<pubDate>Tue, 10 Nov 2009 23:11:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=43398#comment-233682</guid>
		<description>@ Bruce

Side effects.  You gotta admit, death is a pretty severe one.  That&#039;s why I passed on my shot.</description>
		<content:encoded><![CDATA[<p>@ Bruce</p>
<p>Side effects.  You gotta admit, death is a pretty severe one.  That&#8217;s why I passed on my shot.</p>
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		<title>By: Mannwich</title>
		<link>http://www.ritholtz.com/blog/2009/11/qotd-bankers-must-take-resposibility-for-own-mistakes/comment-page-1/#comment-233681</link>
		<dc:creator>Mannwich</dc:creator>
		<pubDate>Tue, 10 Nov 2009 23:06:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=43398#comment-233681</guid>
		<description>@Bruce:  My own specialist  recommended that I get a vaccine shot due to my chronic autoimmune condition and the drugs that I&#039;m on that leaves my immune system in a supposedly weakened state (although I&#039;ve rarely been sick in almost 4.5 years, aside from a common cold or two), but I think I may ignore that advice and not get the shot.</description>
		<content:encoded><![CDATA[<p>@Bruce:  My own specialist  recommended that I get a vaccine shot due to my chronic autoimmune condition and the drugs that I&#8217;m on that leaves my immune system in a supposedly weakened state (although I&#8217;ve rarely been sick in almost 4.5 years, aside from a common cold or two), but I think I may ignore that advice and not get the shot.</p>
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		<title>By: Bruce in Tn</title>
		<link>http://www.ritholtz.com/blog/2009/11/qotd-bankers-must-take-resposibility-for-own-mistakes/comment-page-1/#comment-233677</link>
		<dc:creator>Bruce in Tn</dc:creator>
		<pubDate>Tue, 10 Nov 2009 22:59:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=43398#comment-233677</guid>
		<description>@MEH:

This is off topic but I thought you might find it interesting.

http://blogs.abcnews.com/theworldnewser/2009/11/fda-responds-to-docs-refusing-h1n1-vaccine-over-fears-its-too-new.html

FDA Responds to Doctors Refusing to Give H1N1 Vaccine
November 10, 2009 3:33 PM

....and I have spoken to several docs who are not recommending or taking the vaccine because of past experiences....

http://www.nytimes.com/2009/05/09/health/09vaccine.html

Fear of a Swine Flu Epidemic in 1976 Offers Some Lessons, and Concerns, Today 

&quot;The feared swine flu epidemic of 1976 never materialized. And several hundred people, including Ms. Kinney, who is now 68 and lives in Gig Harbor, Wash., developed Guillain-Barré syndrome, a rare neurological condition that causes temporary muscle weakness or paralysis. More than 30 of those people died.&quot;

...I spoke with an orthopedist last week about why he isn&#039;t taking the vaccine...the first two words out of his mouth were Guillain-Barre.

B in T</description>
		<content:encoded><![CDATA[<p>@MEH:</p>
<p>This is off topic but I thought you might find it interesting.</p>
<p><a href="http://blogs.abcnews.com/theworldnewser/2009/11/fda-responds-to-docs-refusing-h1n1-vaccine-over-fears-its-too-new.html" rel="nofollow">http://blogs.abcnews.com/theworldnewser/2009/11/fda-responds-to-docs-refusing-h1n1-vaccine-over-fears-its-too-new.html</a></p>
<p>FDA Responds to Doctors Refusing to Give H1N1 Vaccine<br />
November 10, 2009 3:33 PM</p>
<p>&#8230;.and I have spoken to several docs who are not recommending or taking the vaccine because of past experiences&#8230;.</p>
<p><a href="http://www.nytimes.com/2009/05/09/health/09vaccine.html" rel="nofollow">http://www.nytimes.com/2009/05/09/health/09vaccine.html</a></p>
<p>Fear of a Swine Flu Epidemic in 1976 Offers Some Lessons, and Concerns, Today </p>
<p>&#8220;The feared swine flu epidemic of 1976 never materialized. And several hundred people, including Ms. Kinney, who is now 68 and lives in Gig Harbor, Wash., developed Guillain-Barré syndrome, a rare neurological condition that causes temporary muscle weakness or paralysis. More than 30 of those people died.&#8221;</p>
<p>&#8230;I spoke with an orthopedist last week about why he isn&#8217;t taking the vaccine&#8230;the first two words out of his mouth were Guillain-Barre.</p>
<p>B in T</p>
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		<title>By: Pat G.</title>
		<link>http://www.ritholtz.com/blog/2009/11/qotd-bankers-must-take-resposibility-for-own-mistakes/comment-page-1/#comment-233667</link>
		<dc:creator>Pat G.</dc:creator>
		<pubDate>Tue, 10 Nov 2009 22:28:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=43398#comment-233667</guid>
		<description>&quot;the need to change and operate in a genuinely different manner.&quot;

And they never will  unless they are allowed to feel the pain of failure.  There is no incentive.</description>
		<content:encoded><![CDATA[<p>&#8220;the need to change and operate in a genuinely different manner.&#8221;</p>
<p>And they never will  unless they are allowed to feel the pain of failure.  There is no incentive.</p>
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		<title>By: Mark E Hoffer</title>
		<link>http://www.ritholtz.com/blog/2009/11/qotd-bankers-must-take-resposibility-for-own-mistakes/comment-page-1/#comment-233665</link>
		<dc:creator>Mark E Hoffer</dc:creator>
		<pubDate>Tue, 10 Nov 2009 22:24:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=43398#comment-233665</guid>
		<description>madman130, 

even Schiff is wrong to conflate the Actors he mentions--if that quote is accurate..

remember the old adage: &quot;He who pays the Band, Calls the Tune.&quot;

The FedRes is the &#039;Bank&#039;/the &#039;Payor&#039;..

It is never more complicated than that.
&quot;Monetary policy is—aside from war—the primary tool of state aggrandizement. It ensures the growth of government, finances deficits, rewards special interests, and fixes elections. Without it, the federal leviathan would collapse..&quot;
http://mises.org/books/whathasgovernmentdone.pdf
http://www.runtogold.com/2009/06/what-has-government-done-to-our-money/
--in the second link there are, many, illuminating Charts..</description>
		<content:encoded><![CDATA[<p>madman130, </p>
<p>even Schiff is wrong to conflate the Actors he mentions&#8211;if that quote is accurate..</p>
<p>remember the old adage: &#8220;He who pays the Band, Calls the Tune.&#8221;</p>
<p>The FedRes is the &#8216;Bank&#8217;/the &#8216;Payor&#8217;..</p>
<p>It is never more complicated than that.<br />
&#8220;Monetary policy is—aside from war—the primary tool of state aggrandizement. It ensures the growth of government, finances deficits, rewards special interests, and fixes elections. Without it, the federal leviathan would collapse..&#8221;<br />
<a href="http://mises.org/books/whathasgovernmentdone.pdf" rel="nofollow">http://mises.org/books/whathasgovernmentdone.pdf</a><br />
<a href="http://www.runtogold.com/2009/06/what-has-government-done-to-our-money/" rel="nofollow">http://www.runtogold.com/2009/06/what-has-government-done-to-our-money/</a><br />
&#8211;in the second link there are, many, illuminating Charts..</p>
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