3 ms·
Even if no one committed fraud (which I don't buy), you agree people were stupid a greedy. Did those people at least lose money? Because ordinary people were ba
by wolf550e 10y ago
Even if no one committed fraud (which I don't buy), you agree people were stupid a greedy. Did those people at least lose money? Because ordinary people were badly hurt, and the people responsible appear largely unharmed. Is that the nature of "elites"?
- tedunangst 10y agoThat is the nature of the principal agent problem.