Do you watch videos at work? I can surf a bit on the net, but watching videos is just impossible.
And what's the difference between a Wall Street Bank and a company? The General Market Principles are the same.
If we go back to what your author wrote she said: In the early eighties, modern finance began to escape reasonable regulations...
And she concludes with First, policymakers must reintroduce market discipline to the financial world. They can do so by re-creating a credible, consistent way in which big financial companies can fail, with lenders taking their warranted losses. Second, policymakers can reapply prudent financial regulations so that markets, and the economy, can better withstand inevitable excesses of optimism and pessimism. Sensible regulations have worked well in the past and can work well again.
You really need to watch the whole thing or read her book when you can find the time. I am not sure what you find objectionable in the words you quoted, but fear that since you have no time to understand them in context, that you might be reading something into them that is not there.
I realize you may not have the time today but please consider taking the time soon in your off hours to listen to this woman’s speech at the link.
I don’t know enough about the markets to say with authority that she has ALL the answers..but I can say that she is on the right track if we truly want to save capitalism from Wall Street and Washington. Her answers are what I consider fiscal conservative solutions under our present circumstances. Fixing ‘too big to fail’ is not going to happen overnight and neither is stopping our government from manipulation and intervention of the markets. She goes further in doing that faster though in her solutions than any person I have ever heard talk on these matters.
I would also recommend that you find time today to read what we are headed to if Obama and the democrat’s ‘fiscal fascism bill’ passes:
http://www.washingtontimes.com/news/2010/apr/28/financial-fascism/
I might also recommend you read Atlas Shrugged if you haven’t already.
furthermore..when you say ‘All general market principles are the same’..you are wrong. We are not operating anymore on ‘general market principles’..we are not operating in a true free market either. THAT IS THE PROBLEM! The government has caused most of the problems in the market by not setting consistent borrowing limits, creating taxpayer funded ‘securitization’ in the first place( Ginnie Mae... then Fannie and Freddie plus The Community Re-Investment Act).
You sound like you are simply repeating progressive talking points here and have no room in your opinions to examine the issues without bias.