U.S. regulators accused Wall Street’s premier firm of committing fraud during the U.S. mortgage boom, marking a pivotal moment in the effort to uncover wrongdoing in the worst financial crisis in decades.
http://www.ctv.ca/generic/generated/static/business/article1537813.html
And upon the announcement of this revelation, the markets took a significant drop on Friday, 16 April.
http://stockcapitalist.com/stock-market-watch-friday-april-16-democratic-underground-2/
Now one would think, that in the interests of justice, the markets would rise and not drop, what with a reassurance (however tentative) that the investment atmosphere is a little more secure. Goes to show that so-called "investors" are more accurately "hit-and-run" pirates, with no interest in the long-term investments that are required for a solid recovery from the "recession" -- which means that any and all efforts are pre-ordained to fail. All they are interested in is the "quick kill", the prospect of immediate profits, instead of a steady income.
Stumble It!
Dr Caleb