tag:blogger.com,1999:blog-8304928500646903522.post3506105931901802464..comments2024-03-28T18:32:05.933-04:00Comments on bensozia: Sports Cars and Money ManagementJohnhttp://www.blogger.com/profile/01037215533094998996noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8304928500646903522.post-7735187013355918342016-12-23T23:00:31.635-05:002016-12-23T23:00:31.635-05:00How about writing laws that require investment ban...How about writing laws that require investment bankers to act as fiduciaries? How about reforming our investment banking registration and licensing systems? How about ramping up inspections and audits, applying more stringent regulations, and imposing more severe penalties and consequences for wrongdoing?<br /><br />The problem isn't <i>writing</i> the legislation - the problem is getting it <i>enacted</i>. Wall Street has an absurd degree of influence over our legislators, fielding an army of lawyers and lobbyists to protect their interests through influencing the law in their favor.G. Verlorennoreply@blogger.comtag:blogger.com,1999:blog-8304928500646903522.post-27565098643536278762016-12-23T07:43:18.340-05:002016-12-23T07:43:18.340-05:00Yes, the banking reform we really need is to ban t...Yes, the banking reform we really need is to ban testosterone-charged gamblers from the field altogether. Not sure how to write legislation to achieve that, though.Johnhttps://www.blogger.com/profile/01037215533094998996noreply@blogger.comtag:blogger.com,1999:blog-8304928500646903522.post-78612673102174245912016-12-23T00:43:15.061-05:002016-12-23T00:43:15.061-05:00It's always nice to see real numbers backing u...It's always nice to see real numbers backing up something that sounds like common sense.<br /><br />Now if only we could translate that into promoting more sensible behaviors in our economy / politics / society at large...G. Verlorennoreply@blogger.com