If Spitzer (it is obvious he is doing this for political gains - no one cares a hoot about the average investor - trust me - else he would not be running for Governor of NY) did not go after the Greenberg family - Maurice's son was the first CEO to step down from MMC. His brother is under investigation for running ACE - I wonder if we would have ever known anything was wrong with a DOW Component. Well, I as a skeptic would think that this kind of irregularity is widely prevalant - and will not be known until Spitzer makes new enemies or some one else decides to run for NY - i.e, it should suit someone's political gains. In short, we will know only after they know - and if we dont we are continuously being cheated. Its a lose-lose wager. Damn!
Anyways, it always brings me back to the way the great Warren Buffet invests - Your investment should be simple enough that you can understand. If you cannot understand it relatively easily, there is no point in investing in it. You will never marry a partner whom you don't know, would you? Insurance, for me is hard to understand. 'Nuff said.
Are oil prices being played in the current market? Let me know your thoughts if you read this post. I am planning on writing something on it once I get some time. Yes, I did not forget about GOOG yet!
Have a great start to a wonderful week!