dagblog - Comments for "Why Wall Street Can't Handle the Truth"

Turn banks into public

Dan Kervick — Wed, 09 Nov 2011 04:10:26 +0000

In reply to Why Wall Street Can't Handle the Truth

Turn banks into public utilities, and run them on a not-for-profit basis.

End Bonuses for

artappraiser — Wed, 09 Nov 2011 03:38:53 +0000

In reply to Why Wall Street Can't Handle the Truth

End Bonuses for Bankers

By Nassim Nicholas Taleb, Op-Ed Contributor, New York Times, Nov. 7/8, 2011

Nassim Nicholas Taleb, a professor of risk engineering at New York University Polytechnic Institute, is the author of “The Black Swan: The Impact of the Highly Improbable.” He is a hedge fund investor and a former Wall Street trader.

I HAVE a solution for the problem of bankers who take risks that threaten the general public: Eliminate bonuses....

http://www.nytimes.com/2011/11/08/opinion/end-bonuses-for-bankers.html

Great reference. Many of the

Oxy Mora — Mon, 07 Nov 2011 22:56:28 +0000

In reply to Why Wall Street Can't Handle the Truth

Great reference. Many of the analysts say they simply can't make judgments based on the banks' financials. Thanks.

True, the comments were

Donal — Mon, 07 Nov 2011 22:07:36 +0000

In reply to Very interesting, thank you.

True, the comments were unusually good for the WSJ.

Very interesting, thank you.

artappraiser — Mon, 07 Nov 2011 21:51:59 +0000

In reply to Why Wall Street Can't Handle the Truth

Very interesting, thank you. I would alter your comment, though, to "as well as the entire article, be sure to read some of the discussion in comments."