Thursday, July 24, 2008

Peston Blog

A very good idea?

Why not reimpose Exchange Control for all countries, through the UN.

Am I right in saying that the Exchange Control Act was abolished by the new Tory government when they took over in 1979. Was there the 25% Dollar premium applied to any US shre holding. Banks also had to make monthly returns, whatever happened to all the administrators.

The ECA was brought in during a war and surely we are being told that we are in a war now, the war against terror. So, bring in a global Exchange Control Act.

Furthermore, let's have true transparency in the Stock Market. A list ought to be made available of all transactions, who is buying, who is selling, the number of shares bought sold, held, and any futures, options etc.

As for you Robert maybe we ought to be told when you were told something which you then report on and claim as an exclusive.

0 Comments:

Post a Comment

<< Home