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Harvard Narcissists With MBAs Killed Wall Street
- gaius 18y agoThe answer is simple. Back then, they did not have the fancy computers required to calculate exactly how strong a bridge must be. So an architect made a bridge very, very strong That's not the entire reason. In the Roman Empire, an engineer was required to stand under his bridge while a Legion marched over it. That was their beta testing. His interests were therefore fully aligned with those of his end users. On Wall Street, the interests of the bankers were not correctly aligned with their investors. In other words, they didn't have any of their own skin in the game.