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I agree. The real problem he's describing is the bonuses reward short term success regardless of the long term risks. Bank shareholders who are long term invest
by dminor 15y ago
I agree. The real problem he's describing is the bonuses reward short term success regardless of the long term risks. Bank shareholders who are long term investors should demand bonuses that incent long term success, rather than short term.
- fleitz 15y agoAnd what about the short term holders of bank shares? Not all market participants are investors, many are traders.
- nickik 15y agoWow yeah traders should really be the first thing we think about when we want to save the world economy because traders are improtend, I mean what would we do without traders?