Socialization of risk. Privatization of reward

Discussion in 'Politics & Religion' started by nitro, Apr 3, 2008.

  1. nitro

    nitro

    To me, this statement encapsulates modern finance as practiced in corporate America:

    Socialization of risk. Privatization of reward.

    Brilliant, simply brilliant.

    nitro
     
  2. I agree , brilliant statement
     
  3. 4XQs

    4XQs

    Just came across this as I was searching - it really is a brilliant statement!
     
  4. Natural laws of finance have a way of enforcing discipline through cruel means. Is USA preparing to get a lesson?
     
  5. I would say so. Can you say inflation?