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stevewo

Location:Medway, GB
Age: 60
Gender: male
In a few words: victor meldrew

CASINO CAPITALISM

Published: Friday October 10,2008 by stevewo

"Casino Capitalism" must end.
Some ideas...
1. All shares must be held for a minimum of 1 year.
2. Any share that falls more than 5% in one day is suspended.
3. Banks may not lend more than 90% of the value of someones home.
4. Banks may not lend more than 70% of the value of any investment property.
5. Hedge funds...banned.
6. Short selling...banned.
7. Spread betting...banned.
8.Investment companies must hold their stake in any one company for at least 5 years.
9. Banks may not over-leverage themselves, depending on size and customer base.

10. Strict limits on personal loans and cards.


A new set of rules is urgently required.
Capitalism is becoming another word for robbery.

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