Just finished watching the PBS Frontline show of that title. Granted it’s 4 hours long, but a good summary of the financial crash, bank and financial risk, the banks bailouts and the government’s role. As an uneducated citizen in these topics, I learned a lot. “We can absolutely reform banks… it was a political will issue and it continues to be. And the question isn’t, are we going to create something perfect. The question is are we going to create something better than this. It’s actually a pretty low bar.”
Makes you wonder if we can ever trust these markets, and any job with this type of financial incentive.
So if you think you have a sure bet for gaining financial profit, make sure you understand the risk associated.