NYSE

The New York Stock Exchange became a publicly-traded company recently, and I predict disaster. Not right away, but eventually. Something on the scale of the Savings And Loan catastrophe, with Enron and Worldcom added in to boot will occur within the next 10 years. The swindle/scandal will play out like this: Most transparency and anti-fraud laws and regulations are enforced by the SEC, however, there will turn out to be an important role that the exchange plays in the regulatory process, representing a significant potential for the exchange to undermine the rules and permit fraud. This potential will be fulfilled in the interest of increasing exchange profits, or enhancing gains in non-exchange holdings of major exchange shareholders, potentially in the area of an attractive new investment vehicle.

Mark my words. You heard it here first.

Poll results
I'm proud to say that of the 115 people who read my blog yesterday (about average), 68 percent of the 38 people who answered the poll questions identify themselves as female. That's cool because as we know, and as I hope my male readers would agree, women are better than men. I was shocked, however, that only 57 percent of the females were reported to sleep on the left side of the bed. I expected it to be 80 percent or higher.

Left grip is 23 pounds (20, 22, 23), right grip is 67 pounds (67, 64, 65). Starting to be constipated.