Quote:
Originally Posted by aceventura3
What about stupidity?
Cutting corners for money??? What is cutting corners to save money going to cost BP? What did cutting corners to save money cost Exxon? What did taking on excessive risk for money cost Lehman Bros. or AIG?
Again this ...cutting corners to save money... line is overly simplistic. If new regulations are to be based on this faulty reasoning, perhaps it is obvious why regulatory systems fail.
|
So I'm a goat. Explain it to me. Also, please, explain how ^ doesn't abrogate your argument that greed was not to blame. I naively think that ongoing regulations might more forcefully take this into account.
Stupid sidebar: "If we don't get caught, it's not against the law."