Hey Wall Street, It's Simple. Agree To Regulations Or Don't Get Bailed Out

[Yavin4]

The problems that Wall Street seem to have can be solved rather easily. Simply agree to have regulatory over-sight of your operations which would include a strong risk management oversight, and if you don't, then you forfeit the right to bailouts from the Fed or the govt.

[AX10]

1. Agreed!

[Hosnon]

2. One condition:

The regulations that they must agree to must include salary caps for upper management (e.g., CEOs, CFOs), perhaps in the form of a ratio of the average employee's salary.

[sergeiAK]

3. How about we just don't bail them out?

That's a far better solution, IMO, and avoids the "moral cost" of encouraging this crap. Companies have to be allowed to fail, that's how capitalism weeds out the bad ones.

If we bail out the banks that made these bad loans, there is no cost to them of making future bad loans, and continuing the crap that brought us here.

[Thothmes]

4. Don't disagree, except

how many Retirement funds have there employees retirement money invested in these financial institutions. The retiree will ultimately be the one that will take economic bath as they see their retirement disappear.

[HCE SuiGeneris]

5. Oversight -- went out the window with the destruction of the SEC papers in 9/11

It was just a coincidence...

[Craftsman]

6. How about regulations and NO BAIL OUTS!!!!

They stood to make the profits, let them take the loses. That is capitalism buddy.

[jtrockville]

7. Absolutely! If I share the risk, I want a cut of the profits.

That includes prior-years profits. So buck-up Wall Street.

[DCKit]

8. What's your proposal to prevent foxes from guarding the henhouse?

Would you trust this administration to regulate bathwater?