This summarizes everything that is emotionally wrong with the US (and I guess, global) financial system:

“I’ve worked in an economy that rewards someone who saves the lives of others on a battlefield with a medal, rewards a great teacher with thank-you notes from parents, but rewards those who can detect the mispricing of securities with sums reaching into the billions.”

Read more: http://swampland.time.com/2012/01/11/warren-buffett-to-mitch-mcconnell-put-up-or-shut-up/#ixzz1jBtsn3H2

Comment now!
















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