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And who prevents the bureaucrats at the gummint from doing foolish things that end up benefiting themselves and their cronies and hurting others. Duh!

You think ibank leverage caused the bubble? Wrong. I use up to 50 times leverage last time I checked I didnt cause any bubble.

Your IP# has been logged and traced. Expect black helicopters coming for you tonight.

Banking deregulation was not the problem. The problem is FNM, FRE, Greenspan's low rates and the housing bubble. Banks were foolish trying to play that bubble, but bubbles are not prevented with more regulation but with a sound monetary policy. Seems to me both Obama and McCain are socialist...

ROFLMAO!! That's what the idiot gets for watching too many Mike Myers movies...

TraderZones obviously not only can't think for himself, he doesn't know squat about basic economics either. The so called inflation tax is common knowledge among economists, nothing new here. This is taught in every econ dept, including Harvard, and maybe Princeton. For instance, see below...

Problem is, some trading apps don't like logmein, X_Trader for example. CQG trader? I don't know.

No. Smartphones do not use Win 2K, Win XP nor Vista. Use instead an OQO or a Sony Vaio UX series. CQG works on the OQO for sure, on the Vaio UX, it should but I haven't seen it.

It's not IB's fault, it's the US KYC/AML know-your-costumer/anti-money-laundering regulations, as well as regulations regarding who can and who can't open accounts in the US. In this case, I suspect they are investigating whether you have dual citizenship Iraq-UK. So according to US...

2 favorable scenarios for strip club stocks: 1. Economic slump forces strippers to tone down their expectations then lap dances go cheaper and songs last longer. 2. Economic slump forces strippers to do more to attract clients, then strip clubs go from touchy-no-no to touchy-ok. The...

yes euro sharply lower

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The Fed: New financial supercop? new financial Gestapo? Too broad, too ambiguous, they don't even define "risky actions", risky actions are whatever the Fed thinks they are, or whatever they don't like.

Don't they realize that the Fed and Bernanke are the greatest risks to the overall financial system?

Exactly. Why a non-elected, accountable to no-one, private entity should have so much power? Are we witnessing a slow motion coup de etat?

So new powers do not cover just wall st investment banks, but also hedge funds and commodities markets, if they are thought to "pose a risk to the financial system". What's next? a SWAT team up your a** if you go long oil, gold, short the dollar, short LEH??? Short SIFs and they freeze...

Should the SEC investigate also suspicious upgrades/downgrades?

The question is... what positions have to be unwound now.