2007/11/27

Isn't that rewarding greed and stupidity?

The long johns - Subprime


(...)

Press - The crisis is probable to turn into financial meltdown, can it be avoided?"

Investment banker: It can be avoided provided that governments and central banks give us the speculators back what we have lost

Press: Isn't that rewarding greed and stupidity?

Investment banker: No, no, it's rewarding what prime minister Gordon Brown calls the ingenuity of the market

(...)
Atacar os especuladores quando tomam decisões inteligentes e salvá-los quando tomam decisões erradas. Ou seja, de qualquer forma atacar as decisões inteligentes. Isto é feito em nome da "racionalidade" do mercado. Paradoxos do socialismo.

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