Quote:
Originally Posted by SaintessHeart
People wouldn't buy your financial products and advice if they are that heavily regulated and de-risked; brings up cost and reduces returns. 
These kind of things are a two way street - a friend of mine who left his bank before the subprime crisis put it this way : the reason why I have so much money is because there are way too many people who don't think about the stuff they buy. If everyone else has one, they want one too. |
None of that applies to me.. I work in corporate advisory. The people that hire me are corporations that have mucked themselves up too badly. I'm okay with lower returns in the financial syst-.. *gets dragged away and strangled*