Comments on: FINRA Is Supposed To Police The Market

By: Larry Doyle

Larry Doyle — Fri, 01 May 2009 00:05:11 +0000

I want to thank Larry, Susan, and everybody at NQ for your support and kind words.

It is a true pleasure being connected to NQ.

By: Linda Anselmi

Linda Anselmi — Thu, 30 Apr 2009 12:41:36 +0000

– and helping us get educated on financials.

– and leading the investigative charge.

Looking forward to future posts.

By: CG

CG — Thu, 30 Apr 2009 06:47:38 +0000

thanks to you, LD, there is at least a determined and fully-clothed inquisitor at the palace gate…

It certainly is appreciated that the media outlets finally took notice of your questions and writing, better late than never, too bad it wasn’t sooner!

Congratulations!!

By: Patience

Patience — Thu, 30 Apr 2009 05:23:56 +0000

The economy has gotten worse and it seems there isn’t much effort being put into fixing the problems responsible for it. We still have a terrible credit crisis that’s putting people and businesses out of work every single day. This administration claims it’s an agent of change yet the FINRA story is but one example of the false promise of a new and better way of governing. How much wealth has to be wiped out before something truly changes for the better?

I agree with Larry — we’re witnessing negligence and incompetence. I would add laziness and hypocrisy. Some very important problems require triage but the protocol so far is “take two aspirin and call me in the morning”.

By: TeakwoodKite

TeakwoodKite — Thu, 30 Apr 2009 02:37:51 +0000

Bravo LD. Keep on truckin!

Thanks for the priceless education.

By: Linda Anselmi

Linda Anselmi — Thu, 30 Apr 2009 00:28:26 +0000

Bravo LD.

May this be only the beginning – of references to Larry Doyle and your Sense on Cents blog in Bloomberg and other news outlets, AND of further scrutiny to FINRA.

Thanks for always keeping us informed.

By: FrenchNail

FrenchNail — Wed, 29 Apr 2009 23:35:44 +0000

Until I got caught (still is in some measure) in the ARPS freeze I had no idea of what FINRA and all the other players were. Since then I got myself a good education and cannot believe what I uncovered and is still uncovering everyday.

The level of arrogance and incompetence evidenced among those players is unbelievable. But most importantly is their belief that all that noise is just a tempest in a tea cup, and that if they hold the barbarians at the gate long enough, everything will be fine and that all that turmoil would have been just an inconvenient but benign case of hiccups.

To believe that those players, thru their staff are ready to change their ways and make amend is ludicrous. At this point, they are still content to be furious about the demands of accountability that “commoner” public is making.

They live in a different world where letters of nobility are given by deans of Business Schools. They are convinced to be the New World Order oligraphy and they are not about to let their ivory towers stormed by the ordinaries.

By: Ellen D

Ellen D — Wed, 29 Apr 2009 21:59:59 +0000

a self-regulatory organization funded by the banks

Why sure, that concept has worked so well before. I am amazed at the people I deal with who have no clue what “conflict of interest” means. It should be taught in school. I even had to chew out my dentist for that when he was touting a product that HE was selling.
That was taking a chance – since he had a drill in his hand. I had Marathon Man flashbacks.