In an excerpt from his new book, “Greedy Bastards: How We Can Stop Corporate Communists, Banksters, and Other Vampires From Sucking America Dry,” Dylan Ratigan suggests some rule changes to encourage Wall Street’s natural greed to create productive risk taking:
The financial markets need regulation the way a nuclear-power plant needs a cooling agent for its radioactive fuel rods. If safety rules are enforced and the heat of the rods is properly controlled, the result can be clean, abundant energy. But if that cooling process is neglected, there could be a meltdown.Click here for reuse options!
Copyright 2012 The National Memo