Soleron on 13 June 2012
badgenome said:
I wonder if that massive bailout and the guarantee that they're all "too big to fail" could have perhaps trained these people to think that risk isn't a concept that's particularly relevant to their existence, hmmm? |
Yeah, I keep saying this. Where is the incentive to change how you operate, if the current practices mean you get huge bonuses during the boom and then unconditionally bailed out when it crashes?
