The best restraint is old-fashioned market discipline, in which financial traders know that they, personally, will lose a ton of money if they take risky bets that don't pan out.
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Quotes to Explore
If you want better behavior from bankers, then make their financial incentives more like those in the hedge-fund world - where managers have 'skin in the game,' and their net worth is tied to their long-term performance.David Ignatius
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It's not good to lose your dad at any time but at 13 years of age you are just going through puberty and growing up and that was a very crucial time and was a hard time to lose my dad and it had a big effect on me.Dorian Yates
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What is the meaning of 'gossip?' Doesn't it originate with sympathy, an interest in one's neighbor, degenerating into idle curiosity and love of tattling? Which is worse, this habit, or keeping one's self so absorbed intellectually as to forget the sufferings and cares of others, to lose sympathy through having too much to think about?Lucy Larcom
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We haven't usually had to face the extreme questions about liberty and order because we're not a nation of extremists. We love freedom and good government both.David Ignatius
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Russia is emerging as an essential diplomatic and security partner for the U.S. in Syria, despite the Obama administration's opposition to Moscow's support for President Bashar al-Assad.David Ignatius
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Empty political space will be filled by extremists unless the United States and its allies build strong local forces that can suppress terrorist groups and warlords both. When the U.S. creates such local forces, it must be persistent. If it withdraws from these efforts, as America did in Iraq in 2011, it invites mayhem.David Ignatius
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