And folk work in the regulation until they acquire all the skills needed to work for the private sector, who can pay them much more. Keeps the private sector regulation compliant.
And we can't legislate against foolishness, especially when the whole market does it.
And it would be foolish to stop giving the industry our money to invest too.
Ergo, it's all whatever foolishness suits your pocket and income and investment and understanding. But the finanace industry en masse appears to have 'speculated unfortunately' with a significant part of quite a few people's portfolios and pensions.
When the Lloyds scandal's of the 80's was exposed it needed some tightening of controls to avoid repetition. What measures are going to give the finance industry the ability to reassure folk that they are reasonable and sound folk to take charge of our money?
Re: Rubbish, my dear
And folk work in the regulation until they acquire all the skills needed to work for the private sector, who can pay them much more. Keeps the private sector regulation compliant.
And we can't legislate against foolishness, especially when the whole market does it.
And it would be foolish to stop giving the industry our money to invest too.
Ergo, it's all whatever foolishness suits your pocket and income and investment and understanding. But the finanace industry en masse appears to have 'speculated unfortunately' with a significant part of quite a few people's portfolios and pensions.
When the Lloyds scandal's of the 80's was exposed it needed some tightening of controls to avoid repetition. What measures are going to give the finance industry the ability to reassure folk that they are reasonable and sound folk to take charge of our money?