Quote:
Originally Posted by Balticfox
I agree. We need no more government regulations. I'm arguing for a simple "A man's word is his bond" standard. That's effectively what's been in force in stock, bond and futures markets since late in the 19th century.
 |
This has nothing to do with a man's word being his bond. We all agree a man's word should be his bond (in fact, I've said a man's word can be a binding contract). This thread was about a situation where there had not been an agreement in place. No man's word had been given.