Comments on: Goodbye bonuses, hello hedge funds Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 By: Pablo Mon, 16 Feb 2009 18:23:27 +0000 Regulation can be avoided. Create a bank and a company that will absorb toxic assets. Make your bank to sell defaulted debts to that company and your bank will look neat and clean, while the same high risk lending continues. Profit creates bonuses, bonuses are an incentive to risk. And regulation is in the middle, so there is a strong incentive to cheat. Nationalized banks belong to government. It has no need to cheat taxpayers about profits.

By: William Smith Thu, 12 Feb 2009 15:18:40 +0000 Hi Mr Saft,

I think what your saying is very informative. I also believe that the financial crisis has been mainly due to mis-calculated and fradulant risks. I believe that safest way to invest would be in investment funds, which are balanced and not direct investments, which can be very limited and high risk, depending on a person’s financial situation.

Best Regards,