bunch of bankers

From the BBC.
"He want to make bankers put their money where their mouths are.
The requirement that "originators" of financial products must retain a 5% stake in the products they sell could have a transformative impact.
This is because it will mean if a product loses money, so will the bank."
Getting Bankers to act responsably, 02/10/08

Business rights balanced by business resonsabilities? I like this idea. Prevent the peddling of the banking equiverlant of snake oil.

Posted by Evil European | at 10:53

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