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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.
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