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Thursday, August 2, 2012

Nassim Taleb on Privatizing Risk Away From The Taxpayers

Posted by Dagny Taggart at 8:40 AM
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1 comment :

  1. Motley FoolAugust 2, 2012 at 5:34 PM

    The reality is that a very large segment of populations demand to be saved when banks fail.

    This will not change, and when this large a segment of population demand it, they get it.

    The best we can do is to create a system whereby those that are prudent to not bear the bulk of the losses.

    TF

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