In response to:

Corzine Will Not Be Prosecuted

Bob558 Wrote: Aug 20, 2012 3:24 PM
The damage this will do to the capital markets is deafening. What these banksters and their accomplices at the SEC,FBI, DTCC, etc. don't realize is that, if segregated funds aren't and the insurance is no good; there's no reason to send the money to New York. Hell, I can get swindled right here in Iowa, and I can keep a lot better eye on my money when it's in the bank up town. I know what kind of car my banker drives, where he vacations and if he comes wondering in to some bar, mid evening, all coked out and looking nervous, I'm going to hear about it. Further; if he tries to run off with the money, who would protect him? The SEC? The FDIC? The DNC? I don't think so, and even if they did; somebody in town would get to him.

There are a few ways that one can look at the headline today in the NY Times.

First, you could say this is great for the futures industry. There was simply a misunderstanding of where money went and there was no harm no foul. Billions in equity value at ICE ($ICE) and CME ($CME) should immediately return to their stock prices since the industry is in great shape. Volume and confidence ought to