Forum Post: Expansive article Explaining financial recession and Proposing Goals

Read: http://seekingalpha.com/article/299918-occupy-wall-street-thoughts-on-an-agenda?ifp=0&source=email_authors_alerts and understand...

GOALS

1.Regulate CDS as insurance, with a requirement of insurable interest for the buyer, and adequate capital for the seller.

2.Reinstate Glass-Steagall

3.Impose Position Limits, both individual and collective, sufficient to maintain to volume of commodities futures trades in some meaningful relationship with the amount of the actual commodity in circulation or production.

4.Outlaw synthetic securities

5.Restrict MBS and other securitizations to simple structures, with wide tranches.

6.Extend the statute of limitations for securities fraud and misrepresentation in the Securities and Securities Exchange Acts to seven years.

7.Impose obligations on market makers and liquidity providers sufficient to compensate for the privileges and exemptions they receive.

(and my own) 8. Eliminate corporate campaign contributions