General Discussion

unblock

(52,095 posts)

10. it's mind-boggling to me the companies themselves don't have tighter controls.

Mon Sep 24, 2012, 05:12 PM

Sep 2012

sure, i think the government should impose more regulation because companies have demonstrated a willful negligence in terms of self-monitoring, but take a at this situation, or better yet, the bofa debacle.

bofa lost BILLIONS due to a trades that never should have happened.

that means, simply put, bofa could have spent, literally, A BILLION DOLLARS on internal oversight, software and personnel and practices that prevent unauthorized trades and so on, and come out ahead.

trading companies continue to know these risks and yet they continue to fail to spend anything REMOTELY like this to prevent them.

not saying they should spend that much, hell, maybe $50 million or so is way more than enough. point is, they have no excuse not to spent whatever it takes. yet they don't.

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One of the many ways we're screwed. [View all] Saviolo Sep 2012 OP

so make the switch to EV or bio-diesel, or hydrogen... a geek named Bob Sep 2012 #1

Not the switch that needs to be made Saviolo Sep 2012 #2

by making that switch, you remove their power over you a geek named Bob Sep 2012 #3

Because addicts are always at the mercy of the dealer. Always. Warren DeMontague Sep 2012 #22

$1.50 increase on the barrel SheilaT Sep 2012 #4

about 3 extra pennies a geek named Bob Sep 2012 #5

That adds up Saviolo Sep 2012 #7

oh jebbers christmas a geek named Bob Sep 2012 #8

Lucky for you. progressoid Sep 2012 #15

sounds like a slippery slope argument... n/t a geek named Bob Sep 2012 #16

Hmmm progressoid Sep 2012 #18

Could I ask an imposition of you, and ask you to a geek named Bob Sep 2012 #19

I was going to ask the same of you. progressoid Sep 2012 #20

glad to oblige... a geek named Bob Sep 2012 #21

Funny thing is, we've been going down an actual slope. progressoid Sep 2012 #23

then maybe we should change tactics... a geek named Bob Sep 2012 #24

I'm not aware of too many people who purchase merely one gallon of gas.. LanternWaste Sep 2012 #27

okay, let's try this... a geek named Bob Sep 2012 #29

Public floggings would put a fast stop JNelson6563 Sep 2012 #6

what a wonderfully nuanced strategy a geek named Bob Sep 2012 #9

I'm nothing if not subtle. JNelson6563 Sep 2012 #11

Why not just take the guy out into a field and shoot him? a geek named Bob Sep 2012 #12

I'll be happy to take him, shoot him, anyone else he's trained, and anyone mbperrin Sep 2012 #14

mbperrin... I wouldn't want to visit the sins of the father on the kids a geek named Bob Sep 2012 #17

Well...okay, but you are a better person than I am. mbperrin Sep 2012 #25

Thnak you good sir/madam... a geek named Bob Sep 2012 #26

it's mind-boggling to me the companies themselves don't have tighter controls. unblock Sep 2012 #10

Spiking the punch, eh? HopeHoops Sep 2012 #13

...oh well, just read my sig line. RagAss Sep 2012 #28