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Experience has taught bankers not to worry about the downside. The government bailed them out with no personal repercussions and without fundamentally changing the system.
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Maybe This Financial System Can’t Be Fixed: Cathy O’Neil
published Sep 14, 2018, 4:00:36 AM, by Cathy O’Neil (Bloomberg Opinion) — Ten years after a crisis that brought the world to the brink of Armageddon, the people overseeing the world’s largest economy insist they’ve reduced the risk of another financial disaster. Just one problem: We need a different financial