Like wars, forest fires and bad marriages, really stupid laws are much easier to begin than they are to end.
Matt Taibbi'Prop trading' is just a fancy term for banks gambling in the market for their own profit.
Matt TaibbiThe threat posed by Bank of America isn't just financial - it's a full-blown assault on the American dream. Where's the incentive to play fair and do well, when what we see rewarded at the highest levels of society is failure, stupidity, incompetence and meanness? If this is what winning in our system looks like, who doesn't want to be a loser?
Matt TaibbiObviously the commercial news media tries to get you worked up and terrified so you'll buy products that they're advertising.
Matt Taibbi