Comments on: My Take on the Financial Crisis

By: Ryan Graves

Ryan Graves — Wed, 24 Sep 2008 21:20:14 +0000

I'll check them out. Thanks Sam.

By: Sam Huleatt

Sam Huleatt — Wed, 24 Sep 2008 19:42:10 +0000

Hey Ryan…I'll check that post out

Hmm. Howard Lindzon and Roger Ehrenberg have great posts on this topic

http://www.informationarbitrage.com/2008/09/on-...

http://howardlindzon.com/?p=3853

By: ryangraves

ryangraves — Wed, 24 Sep 2008 17:20:14 +0000

I'll check them out. Thanks Sam.

By: Ryan Graves

Ryan Graves — Wed, 24 Sep 2008 16:20:14 +0000

I'll check them out. Thanks Sam.

By: Sam Huleatt

Sam Huleatt — Wed, 24 Sep 2008 15:42:10 +0000

Hey Ryan…I'll check that post out

Hmm. Howard Lindzon and Roger Ehrenberg have great posts on this topic

http://www.informationarbitrage.com/2008/09/on-...

http://howardlindzon.com/?p=3853

By: ryangraves

ryangraves — Wed, 24 Sep 2008 07:05:04 +0000

Sam-
Thanks for checking out http://ryanagraves.com

I recently posted on how the Financial Crisis may help tech startups…let me know what you think.
http://ryanagraves.com/09/24/2008/secret-of-how...

I wonder, what is the best way to reconnect the right people to the market and in tern regaining control?

By: Writer to the World

Writer to the World — Tue, 23 Sep 2008 18:11:16 +0000

That's a very interesting view, and I wish I knew more about economics to be able to comment about it more directly, but I still have a perspective on the issue as a whole.

The American taxpayer finds him/herself caught between a rock and hard place because of the irresponsible actions of a highly priveledged few. Ultimately, we're going to have to lend them the money they need or go down in the ship we thought someone had control of.

However, before anybody sees a dime, there should be some very powerful controls in place (which your article alludes to):

1. We want our money back. Everyone on Wall Street will understand that, because they don't give away money for free either. And we want it back with interest.

2. A bi-partisan Congressional investigation will take place to a) determine if there is any criminal activity involved, and b) to determine the best regulatory structure for a system that has clearly outgrown its previous controls.

3. Legislation will be passed to limit CEO compensation based upon company performance, and the compensation figure will include severance packages and forms of non-monetary advantages the position provides.

If we don't do the three things listed above, we will see this situation happen again, and it might be far worse the next time. Greed is a disease, and unless it is treated radically, it will always grow back.

P.S. Thanks for a great site. I especially liked the Meet the Press segment. I missed it, and I'm really glad you had it here for me to see.

By: Sam Huleatt

Sam Huleatt — Fri, 19 Sep 2008 22:14:12 +0000

Thanks Mountain View! It'll be interesting to see if today's government cash
injection sustains a rally moving forward

By: Mountain View SEO

Mountain View SEO — Fri, 19 Sep 2008 22:07:06 +0000

We as a society have lost sight of the future in our focus on me now attitude. Easy quick fixes are very temporary. You have the right perspective on things.

By: Sam Huleatt

Sam Huleatt — Fri, 19 Sep 2008 16:52:29 +0000

Hey OMG,

My point is simply that the more disconnected we are the more likely things are to spiral out of control without us be fully prepared to deal with those consequences. For example, Hedge Funds operate outside of most standard operating rules/regulations, and thus, are more disconnected.

My statements are more observation – obviously there are many more variables at play here