Google Plus Business   Pinterest

800.ELLIMAN

hhusted
hhusted

Wall Street Now Being Watched

I don't know if you have heard yet, but Obama signed the financial reform bill today and that means Wall Street is now going to be regulated.

Finally something will be done about those crooks down there.

Here is the story:

http://manhattan.ny1.com/content/top_stories/122425/obama-signs-financial-reform-into-law

New Yorkers, as well as the rest of America, will no longer have to pay the price for Wall Street's mistakes.
Question asked via StreetAdvisor The opinions expressed here are those of the individual and not those of Douglas Elliman.
6 people following
this discussion
Report

9 Comments

ajadedidealist
ajadedidealist 2yrs+
But, as the proverb goes, who watches the watchmen? I'm all for regulation - let's see if it actually happens!
Report
The opinions expressed here are those of the individual and not those of Douglas Elliman.
hhusted
hhusted 2yrs+
Hey, if it keeps us from falling into another recession, which Wall Street caused, I am all for regulation.
Report
The opinions expressed here are those of the individual and not those of Douglas Elliman.
uptowngirl
uptowngirl 2yrs+
@hhusted I really dont know if it will work, those guy@Goldman know how to get around everything and anything
Report
The opinions expressed here are those of the individual and not those of Douglas Elliman.
Uraniumfish
Uraniumfish 2yrs+
The guys at Goldman are likely the one who will be sitting on the regulatory board!
Report
The opinions expressed here are those of the individual and not those of Douglas Elliman.
hhusted
hhusted 2yrs+
@Uraniimfish: Now you're being paranoid. Goldman is not that powerful. They just have a few employees who know how to make a ton of money for the company.

Goldman already has lawsuits and investigations thrown at them now. They have also been ordered by law to pay a huge fine that is in the millions.
Report
The opinions expressed here are those of the individual and not those of Douglas Elliman.
uptowngirl
uptowngirl 2yrs+
@hhusted its a pidly amount for Goldman equivalent to 15days profit .. will have no impact whatsoever have a looks at this article.
http://www.economywatch.com/economy-business-and-finance-news/goldman-fine-thanks-to-you-sec-and-president-obama-19-07.html
Report
The opinions expressed here are those of the individual and not those of Douglas Elliman.
Uraniumfish
Uraniumfish 2yrs+
It's not paranoid to say that 3 of the top advisors to Bush were former Goldman execs, and that's quite a concentrated dose of Goldman interest at the highest levels of government. I haven't counted the former Goldman execs in this administration, but I'm sure even with a Democratic president there's a good number in high places.
Report
The opinions expressed here are those of the individual and not those of Douglas Elliman.
NeverSleeps
NeverSleeps 2yrs+
I don't think Uraniumfish is all together too paranoid - it's a well known fact that a government official will perform tricks for a golden nest egg campaign contribution. Like ajadedidealist points out, who watches the watchmen?
Report
The opinions expressed here are those of the individual and not those of Douglas Elliman.
BroadwayBK
BroadwayBK 2yrs+
Yeah, the government was supposed to be regulating oil drilling in the Gulf, too. And look how that one went.
Report
The opinions expressed here are those of the individual and not those of Douglas Elliman.

Add a comment

Corporate information:
Services:
Affiliates:
© Douglas Elliman Real Estate.
All Rights Reserved.

All data is deemed reliable but is not guaranteed accurate by the RLS or Douglas Elliman. See Terms of Service for additional restrictions.

All information regarding a property for sale, rental, taxes or financing is from sources deemed reliable. No representation is made as to the accuracy thereof, and such information is subject to errors, omission, change of price, rental, commission, prior sale, lease or financing, or withdrawal without notice. All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer.

The number of bedrooms listed above is not a legal conclusion. Each person should consult with his/her own attorney, architect or zoning expert to make a determination as to the number of rooms in the unit that may be legally used as a bedroom.

© 2014. Douglas Elliman Real Estate. All material presented herein is intended for information purposes only. While, this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. All property information, including, but not limited to square footage, room count, number of bedrooms and the school district in property listings are deemed reliable, but should be verified by your own attorney, architect or zoning expert. Equal Housing Opportunity.