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Dr Renter

Financial System Reform A Total Sham

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So, after the most catastrophic financial meltdown in history, caused primarily by failure of regulation you would think that a complete overhaul of the financial regulatory system would be a priority.... right??

....... Wrong.

Same regulators, same sh!t.

Definition of insanity: Repeatedly performing the same process and expecting a different outcome.

Bring on the next collapse.

Linky

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So, after the most catastrophic financial meltdown in history, caused primarily by failure of regulation you would think that a complete overhaul of the financial regulatory system would be a priority.... right??

....... Wrong.

Same regulators, same sh!t.

Definition of insanity: Repeatedly performing the same process and expecting a different outcome.

Bring on the next collapse.

Linky

The City lobbyists have done a good job. I wonder what dirt they have on the political class in the UK :(

Edited by skomer

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Sad, but unsurprising... :(

It looks like they will keep trying to flog this dead horse until it turns to dust. Have none of the politicians out there got the balls or the forethought to make some positive changes? They have just lined us up for another fall, once they are out of office. Very sad... :(

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