http://www.concurringopinions.com/archives/2009/05/choices-in-financial-regulation.html The Law, the Universe, and Everything Tue, 14 Feb 2012 13:59:42 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.concurringopinions.com/archives/2009/05/choices-in-financial-regulation.html/comment-page-1#comment-63254 D Sat, 09 May 2009 15:23:37 +0000 http://www.concurringopinions.com/?p=15344#comment-63254 I agree with 1. We need some device that snares people like Angelo Mozilo or Joe Cassano. Please don't throw the whole 'stifling risk taking' argument. I'm sure we possess the linguistic agility to come up with language that appropriately holds those, who make such reckless decisions that have a drastic and disastrous effect on the world economy, accountable while simultaneously not stifling ‘risk taking.’ I agree with 1. We need some device that snares people like Angelo Mozilo or Joe Cassano. Please don’t throw the whole ‘stifling risk taking’ argument. I’m sure we possess the linguistic agility to come up with language that appropriately holds those, who make such reckless decisions that have a drastic and disastrous effect on the world economy, accountable while simultaneously not stifling ‘risk taking.’

]]> http://www.concurringopinions.com/archives/2009/05/choices-in-financial-regulation.html/comment-page-1#comment-63218 Joe Fri, 08 May 2009 14:51:43 +0000 http://www.concurringopinions.com/?p=15344#comment-63218 I don't think there's ever a way to prevent what just happened. People are too creative, and too willing to make money at someone else's expense. I don’t think there’s ever a way to prevent what just happened. People are too creative, and too willing to make money at someone else’s expense.

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