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I am 100% sympathetic to that argument. Every time I hear someone bashing Sarbox because it "stifles innovation" I want to reach into my radio and slap the per

by tsotha 11y ago

I am 100% sympathetic to that argument. Every time I hear someone bashing Sarbox because it "stifles innovation" I want to reach into my radio and slap the person who said it. I don't want "innovation" from my retirement fund. I want good stewardship of my money. "Innovation" is almost always another way of saying "We found another way to gamble with the customer's money."

mgalka 11y ago
The entire premise that the banks brought down the economy is complete BS. They just make an easy scapegoat. The regulators, rating agencies, mortgage lenders, government, GSEs all contributed to people overleveraging, but thats not even the real issue. The real problem is that the economy has changed, and all but the high skilled jobs are going overseas or being done by machines. Bankers are not going to jail because they didn't break any laws. People need to stop being parrots and making claims about things they dont understand.
- tsotha 11y ago
  Where did I say banks brought down the economy? Where did I say bankers should go to jail? Did you just see some words you can identify and decide to hang rant #47 on a reply to my comment?