[JasonC]

The senior execs all are paid mostly in stock or options, and the worse the stock does the less they get paid. Of course they are all much poorer than they would be if the stock were still at $50.

In the long run, there is no way for issuance of new credit to be the great deal you pretend, and bank debts such a lousy investment, without it resulting in bank stocks outperforming bank debts. You can be a banker in the economically relevant sense before tomorrow's market close. If you don't choose to be, it is because you are well aware your slanders of modern finance are lies.

[AndyJackson]

In the long run, there is no way for issuance of new credit to be the great deal you pretend

Now you sound like you believe the Austrian argument.

[AndyJackson]

You can be a banker in the economically relevant sense before tomorrow's market close

The economically relevant sense is where I am a partner in a Wall Street firm and get enormous bonuses while I tank my firms equity holdings. I cannot believe you are so dense as to not know what everyone is talking about.