Ripper
Зичу Вам успіхів
- Joined
- November 8, 2014
- Messages
- 12,085
Well, I certainly support the breakup and separation of the too-big-to-fails. I don't know what we should call a system whereby the state dare not prosecute or let fail reckless speculators, but it sure ain't capitalism.
I think $10,000 for a technical violation without intent would be acceptable for CDPR, but anything crippling would be grossly unfair.
The thing is, before I had a radical change of career, I used to work on the trading systems of Citibank London. A more depressing, cynical and venal culture would be hard to imagine. There was a widespread smirking, winking contempt for honesty and responsibility, and the crash seemed almost inevitable. My perspective is that the financial and corporate world is systemically crooked, and proper accountability and punishment is the exception not the rule. I'm not in favour of anyone gaming the system, but it would stick in my craw iif they made an example of a little guy.
I think $10,000 for a technical violation without intent would be acceptable for CDPR, but anything crippling would be grossly unfair.
The thing is, before I had a radical change of career, I used to work on the trading systems of Citibank London. A more depressing, cynical and venal culture would be hard to imagine. There was a widespread smirking, winking contempt for honesty and responsibility, and the crash seemed almost inevitable. My perspective is that the financial and corporate world is systemically crooked, and proper accountability and punishment is the exception not the rule. I'm not in favour of anyone gaming the system, but it would stick in my craw iif they made an example of a little guy.
- Joined
- Nov 8, 2014
- Messages
- 12,085