The bankers (and hedge fund types) have been declared the villans.
Reader comment on: Class Warfare of the Wall Street Journal
Submitted by Lyle (United States), Jun 24, 2011 02:07
Every good tale needs a villian and the bankers and hedge fund types have been selected. Of course they do screw up a lot. (Like making loans that can't be repaid, either to home owners or countries). My belief is that we need to go back to capital ratios of the late 19th century of 15% or more. But even then bankers did sweetheart deals, such as loans to buddies to buy bank stock, or the like. Bankers have always been villians and always will be.
Note: Comments are moderated by the editor and are subject to editing.
Other reader comments on this item
|Inflation [38 words]||Joe||Jun 25, 2011 15:19|
|⇒ The bankers (and hedge fund types) have been declared the villans. [86 words]||Lyle||Jun 24, 2011 02:07|
|Missing the point [32 words]||BillD||Jun 24, 2011 00:01|
Comment on this item