Quote:
Originally Posted by Shazam
Everything's done to maximize profits. Business is really pointless otherwise. I find it rather strange that someone like Phanuthier railing against this.
|
As a personal belief, as an investor, or by definition of a business? If its the 3rd... I would say their actions should be done in the best interests of their investors. That obviously isn't the case here. Maximize profits, sure, but investments should be done in good faith (i.e. not packaging toxic assets to get AAA ratings).
I also believe in a lot tighter gov't control, for no other reason than 99% of the world has no idea what is going on, and as a result, they are victims. With less over-leveraging, I think top talent new grads will start to go more towards companies producing value, rather than financial (as Azure alluded to) to grow the American economy as a whole.