Wednesday, Jun 17, 2009
The systemic isse and regulation: clear as mad
Reuters: Darling to reform financial regulation
I think this going to be a case of little guy says yes, computer says no to regulation, im afraid...
Posted by old_traveller @ 07:45 AM (282 views) Add Comment
1 Comment
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1. mander said...
Darling says: "banks focus must be on long-term wealth creation, not short-term profits."
The house price inflation was it not wealth creation? Like stop working and spend your equity?
Wealth creation, how far can they go? Until everything falls apart?