Bankers, to the barricades!

06 Mar 2012

Defenders of financial innovation have been too timid. There is a moral case to be made, which is being drowned by bleating on about cost-benefit.

Debating financial regulation can be a dialogue of the deaf.

Occupy and its adherents talk about rewards for failure, hoodwinking the taxpayer, and state-subsidised bonuses. For the 99% of bankers not busy blowing up their institutions this is at best irrelevant, at worst, madness.

Meanwhile, the case on the ...

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