General Discussion
In reply to the discussion: America's Idiot Rich [View all]yurbud
(39,405 posts)captive regulators.
They could also demand a small transaction tax on Wall Street which won't hurt legitimate investors and will barely be felt even by high volume day traders, but could repair some of the damage their sociopathic brethren have done.
They could also ask to be taxed the same as everyone else and say they will direct their lobbyists and wholly owned politicians to vote for more taxes for them.
They could apologize for the damage their profession has done to America and the world, and pledge that henceforth, they will only make money by making businesses that make goods and provide services successful, not by cannibalizing them or taking them over and doing three card monte with their bookkeeping.
They could also demand that when financial sector fraud reaches a certain magnitude of damage, it be dealt with in the same shoot first, check the Constitution later manner that we use on less dangerous terrorists who just blow things up.
Until they are willing to say and do all of that, they should shut the fuck up, and figure out which emirate they are going to flee to when 99% of America comes to get them.