Quote Originally Posted by koman
Abolish short selling
Abolish hedge funds (and let their managers work at Wal-Mart...mopping floors)
Rules to forbid the sale of stock for a period of 90 days after purchase
Segregate investment banking from retail banking ---totally
Forbid banks from owning or exercising control over insurance companies, brokerage firms or any other type of financial institution.
Abolish credit default swaps
Strickly limit the content of dirivitives...and implement strict valuation forumla
Now...this would draw a withering attack from the crony network on Wall St. and the City of London, but it would drive the raw speculators and gamblers out of the markets and give real investors the confidence to participate in real investments once again. They would be screaming that the market would be destroyed....liquidity would disappear ....stock trading would greatly decline etc etc.
What the "markets" and the whole world economy needs is stability and a reasonable degree of predictibility, not constant manipulation by hedge fund managers and other speculators who thrive on instability and uncertainity. They in fact create both in order to profit at the expense of real investors.
That would be a great first step. Add in the following and we would really be cooking;

Take the corporate money out of politics.
Abolish the Federal Reserve.
Pass a constitutional amendment to end corporate personhood.