Friday, April 10, 2009

boring wasn't so bad

Remember when banks were boring? Paul Krugman does. It wouldn't be a bad thing to bring some of that boredom back to the financial sector. Not saying everything should return to 1970, but some serious regulation and oversight - and getting rid of some of the perverse incentives that helped lead to the current financial snafu - would be a nice idea.

It might be boring for the bankers, who may have to settle for being just rich instead of rich and exciting. Too bad.

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Anonymous Anonymous said...

Perhaps if they went back to giving out toasters for opening accounts?

9:07 AM  

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