Bill Davis likes a link.
Sunday, 30 March 2014
I've watched 60 Minutes for years and this is one of the outstanding pieces of late. This is the kind of reporting viewers need to acquire the knowledge of what is going afoul in our society. This highlights how legislation to maintain a level field for all players is lagging technology and how regulations need to establish some kind of change control to be sure that some new bright idea is not going to rob naive players of the money they have entrusted to investment advisers.
If ever government had a purpose, it was to do what individuals cannot do for themselves and protect consumers from sophisticated ways of extracting gains from a system in some underhanded unethical way. All this brainpower put to better use would be to resolve world poverty, not suck wealth out of the market to a secret bank foreign account.
If ever government had a purpose, it was to do what individuals cannot do for themselves and protect consumers from sophisticated ways of extracting gains from a system in some underhanded unethical way. All this brainpower put to better use would be to resolve world poverty, not suck wealth out of the market to a secret bank foreign account.
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