Comments on: Legislators ask whether state investments in complex securities complied with legal restrictions http://ilind.net/2009/12/30/legislators-ask-whether-state-investments-in-complex-securities-complied-with-legal-restrictions/ Ian Lind • Online daily from Kaaawa, Hawaii Tue, 14 Feb 2012 05:21:33 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: hugh clark http://ilind.net/2009/12/30/legislators-ask-whether-state-investments-in-complex-securities-complied-with-legal-restrictions/comment-page-1/#comment-11296 hugh clark Sat, 02 Jan 2010 16:54:05 +0000 http://ilind.net/?p=4007#comment-11296 Can there be any doubt, this incompent governor and her less competent staff gambled with our (your and my) money and lost. Badlty. If an investment manager did that, he-she would be down the road forever more. Can there be any doubt, this incompent governor and her less competent staff gambled with our (your and my) money and lost. Badlty.

If an investment manager did that, he-she would be down the road forever more.

]]> By: Larry http://ilind.net/2009/12/30/legislators-ask-whether-state-investments-in-complex-securities-complied-with-legal-restrictions/comment-page-1/#comment-11206 Larry Thu, 31 Dec 2009 17:25:30 +0000 http://ilind.net/?p=4007#comment-11206 Informational briefings are not the best grand juries. What is needed is a proper investigation, which may or may not find wrongdoing. Informational briefings are not the best grand juries. What is needed is a proper investigation, which may or may not find wrongdoing.

]]> By: chuck smith http://ilind.net/2009/12/30/legislators-ask-whether-state-investments-in-complex-securities-complied-with-legal-restrictions/comment-page-1/#comment-11205 chuck smith Thu, 31 Dec 2009 16:50:19 +0000 http://ilind.net/?p=4007#comment-11205 What's disingenuous about this entire discussion is that anyone with a shred of interest in finance who didn't have their head firmly stuck in the sand knew the ratings agencies were frauds as far back as 2005. Was 7% return in a 2% world "too good to be true? Of course it was. Gambling $1 billion was insanely imprudent, period. What’s disingenuous about this entire discussion is that anyone with a shred of interest in finance who didn’t have their head firmly stuck in the sand knew the ratings agencies were frauds as far back as 2005. Was 7% return in a 2% world “too good to be true? Of course it was. Gambling $1 billion was insanely imprudent, period.

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