That's interesting but missed one important point. Those who took the risks are not the ones who bear the consequences of these risks.They just bet and lost their clients' money, but millions dollars of commissions, fees already in their pockets.
-omega4(omega);
2008-3-17{229}(#28634@43)
When things go bad, their clients lost money, government bail them out, and their CEOs and top traders still walk away with millions of dollars, much more than you and I can make our entire lives. Talking about crony capitalism!
I think the Chinese stock market is much worse than here. How many inside tradings, illegal transaction, unethical activities in China's stock market? Just we don't know.
-xz2029(Jenny:升华啦);
2008-3-17(#28645@43)