Re: Financial Pneumonia
Very informative diavlog. Thanks to Scott and Mark.
Scott's idea at the very end of the diavlog about deposit insurance actually increasing risk was a new thought to me. As he said, we're not going to go away with those programs anytime soon, but I did like the idea that new regulations try to emulate, for bankers, this sense of working without a net, with the hope that it would make them more prudent.
Somehow, we've got to figure out some ways to make people in the financial services industries have some real skin in the game.