sleepless_on_wall_street

Wall Street Breakfast: Must-Know News

I can't find fault with most of the complaints made by commenters. But I would like to think there is something better than having a "French style revolution". Can we have some proposals on what to do going forward? I would concentrate on defining how to prevent "too big too fail" from happening in the future:

1 Determining what was done by the "titans of Wall Street" that was counterproductive to proper functioning of the free enterprise system, prosecuting anything that was criminal;

2. Legislating to assure that which was technically legal, but hindered free markets from functioning efficiently, will not happen again;

3. Putting controls on those accepting government assistance that will assure the money is not abused and repaid promptly with interest.

We are where we are and we need to go forward in a positive way.