Very good Bill Gross article

[Tildy]

http://www.pimco.com/LeftNav/Late+Br...ugust_2004.htm

Essentially a buyer beware article. How is it that after all these years Wall Street just keeps on ticking and noone calls them on their bullshit.

[Total Square]

Originally posted by: Tildy
http://www.pimco.com/LeftNav/Late+Br...ugust_2004.htm

Essentially a buyer beware article. How is it that after all these years Wall Street just keeps on ticking and noone calls them on their bullshit.

hate to disagree with you tildy, but eliot spitzer has gone after them HARD, and has been very effective

[Mjulian]

Bill Gross is just about the biggest self-serving prick on Wall St. (redundant, I know)

But really, he's just jealous he can't move markets like Soros can.

Because, believe me when I say this, if he could, he would. Lord knows he tries.

[Tildy]

Total Square, Wall street has for years been able to evade everything they "stand" for. For a place that screams about the powers of the "free markets", their built in fees and the invisible ways that they have their hands in everyones pockets is amazing. Spitzer and his fines are just a tiny cost of "business as usual". In fact you could argue they are to the streets benefit, as it appears someone is doing something, when the true crimes never really are noticed, let alone looked into.

[Total Square]

its more than has ever been done before.

you gotta start somewhere