The SIPA

The Blog Of The Securities Industry Professional Association
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RECESSION OR DEPRESSION?

Let’s start with the first fact, that the recession never really ended. I know all the economists out there will tell you differently and will show you a chart and technical garbage to disprove this point but the reality is that almost each and every month our government has been claiming one set of numbers and then restating them often times dramatically the next month.
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Financial Reform Or Fairy Tale?

Perhaps congress can get together and grant the Fed the right to control interest rates while they are at it? Maybe Congress could give the SEC the power to curb or eliminate things like naked short selling, buying mutual funds yesterday with today’s news and cracking down on illegal ponzi schemes?
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