Saving Capitalism From the Capitalists

by Benjamin Domenech on 4:28 pm January 14, 2010

Stelzer: “No surprise that under the new accounting oversight rules the cost of doing business has gone up, and that an excessive aversion to risk-taking might well have been introduced into boardroom deliberations. These costs, which may or may not exceed the benefits of the new regulations, are in the nature of self-inflicted wounds.”

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