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[–] FSB 0 points 1 point (+1|-0) ago  (edited ago)

If they want bonuses for wins they gain when taking other peoples money to the casino (called stock trade and the perversions of it, futures, ...), they should also be forced to take the the full hit if they lose. Win 1 million, get 10000, lose 10 million, get nothing but also don't pay anything isn't really working.

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[–] 5002091? [S] 0 points 1 point (+1|-0) ago 

That's the worst part - they get bonuses win or lose. The firm may pay millions in fines, but the individuals responsible get bonuses.

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[–] FSB 0 points 1 point (+1|-0) ago 

Of course. Banker logic: Transaction one: 10 Million profit, get Bonus of 10000 Transaction two: 10 Million lost, don't get Bonus Transaction three: 10 Million lost, don't get Bonus

Sum up the Bonus: it's 10000. For a 10 Million loss in sum.

Of course, it's more complicated that that, but the concept is the same...

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[–] CobraStallone 0 points 3 points (+3|-0) ago 

Yeah, we knew this was bad and how it ended. From back in the Great Depression; any economist or policy maker who pretends otherwise is lying or a badly educated idiot.

You wouldn't even need the historical precedent to figure this shit out.

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[–] Solstiare ago 

and since someone forgot that, let's quote Lewis Black: "and since they needed THAT spelled out, the next rule should be 'If you are turning blue, don't forget to breath.'"