kaco

'Fundamental Overhaul' of Financial Regulations Needed

Overhaul is needed of the OTC trading. What has to be reestablished is the central trading place via exchanges with regulated, standarised products where everybody knows the intrinsic value and risks.
Also we need really independent Moody's & S&P's to get unbiased classifications. More regulation only kills innovation and is more a break to the market than a stimulator.
Risk capital should be rewarded beter with higher dividends.
The biggest capital market in the world (USA) should stop subsidizing carmakers and energyservices with cheap oil. VAT on petrol will stimulate alternative energy much faster, free America from its oil independance and depandance of undemocratic oilstates. The Flying Dutchmen.