Talk About Tennis 2.0

Is this really science and technology?

It should be in Business News. I think we have that thread but can never find it.

MJ2004 wrote: ↑Tue May 17, 2022 11:35 am It should be in Business News. I think we have that thread but can never find it.

No, we don't. You are missing good ol' TAT1.0. We never started such a topic.
I will start it and move these last posts there. It is related to technology solely in the fact that it deals with techno companies, but the market side.

Just to keep these issues separate from other topics. As, most of the times, these news need to be read wearing a full hazmat suit.

ponchi101 wrote: ↑Tue May 17, 2022 3:05 pm

MJ2004 wrote: ↑Tue May 17, 2022 11:35 am It should be in Business News. I think we have that thread but can never find it.

No, we don't. You are missing good ol' TAT1.0. We never started such a topic.
I will start it and move these last posts there. It is related to technology solely in the fact that it deals with techno companies, but the market side.

Tech business news was regularly placed in the Tech thread on TAT 1.0, not in the Business News thread. So it's fine to have another thread, but this is hardly a departure.

YAY for this thread.

Mark Joseph Stern
@mjs_DC
·
Anyway, the implication of this decision is that most (all?) agency enforcement power is unconstitutional. Which, in plain English, means that the federal government can't enforce a huge swath of regulations. I mean, this is basically striking down the administrative state.

Ronald Reagan. If just the USA would get over the illusion that the man was competent.
"I'm from the government and I am here to help". Sure. You don't like that? Move to Somalia or Sudan, where there is basically no government, and see how you like it.

They were not punished (I mean Wall Street and all the banks) for what they did in 2007. So why would they ever stop being this unethical group? They know they can get away with anything.

ponchi101 wrote: ↑Thu May 19, 2022 3:48 pm They were not punished (I mean Wall Street and all the banks) for what they did in 2007. So why would they ever stop being this unethical group? They know they can get away with anything.

??? Yes many of them were punished. And many of the banks and firms went bankrupt as a result of the violations and class actions lawsuits against them.

JazzNU wrote: ↑Thu May 19, 2022 5:39 pm

ponchi101 wrote: ↑Thu May 19, 2022 3:48 pm They were not punished (I mean Wall Street and all the banks) for what they did in 2007. So why would they ever stop being this unethical group? They know they can get away with anything.

??? Yes many of them were punished. And many of the banks and firms went bankrupt as a result of the violations and class actions lawsuits against them.

Sorry. What they got was bailed out by the American public, when Obama came to power and the entire US Gov decided that almost all these companies were "too big too fail". Sure, Lehman Brothers went belly up, but that was basically the sole big player. Everybody else got a slap on the wrist.

ponchi101 wrote: ↑Thu May 19, 2022 6:21 pm

JazzNU wrote: ↑Thu May 19, 2022 5:39 pm

ponchi101 wrote: ↑Thu May 19, 2022 3:48 pm They were not punished (I mean Wall Street and all the banks) for what they did in 2007. So why would they ever stop being this unethical group? They know they can get away with anything.

??? Yes many of them were punished. And many of the banks and firms went bankrupt as a result of the violations and class actions lawsuits against them.

Sorry. What they got was bailed out by the American public, when Obama came to power and the entire US Gov decided that almost all these companies were "too big too fail". Sure, Lehman Brothers went belly up, but that was basically the sole big player. Everybody else got a slap on the wrist.

Maybe that's how it seems, but no, there were definitely more big ones than just Lehman Brothers that collapsed. I think Lehman's was so public and embarrassing seeing them literally close the doors that some could be under that impression, but it's truly not the only one.