Wall Street's "Perverse Incentive Structures" Guarantee Another Crisis, Says Bill Black

Congress , Obama and Bankers sleep together , they are one !!

more spending, more bonuses, more deficits.......and the games goes on....

Well, the governments across America are following the example about rewarding poor performance and increasing compensation and pension benefits regardless of revenue.
Unless the citizens sollectively rise up and end the absurd process that they can sell out our nation to foreign creditors in order to provide exclusiveness and distinguish themselves as an entitled class then they will continue the irresponsible and ignorant behavior that indulges their self interest as damaging as it is to the public good. Beside that many of the governments across the USA are involved with unregulated schemes anyway and that is what has made that regulation doa. As well it will risk fiduciary responsibility and integrity should they still consider civic infrastructure and public services expendable when their unrealistic and irresponsible schemes aren't fulfilled.

Its just another kickback structure ! Contribute to the politiciaqns and parties and you get perverse pay ! You don't get along if you don't go along ! Its not what you know or who know, its who you blo...!

Very truth reporting from Mr.Aaron and team and Mr. William Black. A sad world for the bottom workers and a heaven for the top 2% who enjoy pestilent.

Wow! A White guy named Mr. Black. But I will say this, He is right on the money. About time someone said the truth about how the banks are making there free money. But he forgot about the 4-5% spread that the banks are charging us for a mortgage. Not to mention the gov. incentives and right offs of so called losses from foreclosures. Man what a scam. Most of my money is in my safe at home. And it aint a few hundered bucks. They are not going to make money from me or be able to control it when they all go belly up. Silver and Gold people. Do some research. Example- look up Crash Coarse. You may wake up to reality someday but hopefully it's before its to late.

There is no hope in looking to politicians for solutions. They have all been purchased and paid for. At some point the electorate will simply have to retake control. We have not reached that point...... yet.

They did not address those issues because the BANKERS own CONGRESS. They set this country up for failure, then Congress turns around and hands them more money, and then turns to THEM to design the failure cure. LOL...What a joke! There is no real financial reform....Big banks own your government and its regulation....not the people.

No one should earn 500 times the average workers pay. No one!

We need a way to monitor corporations more closely that will have a direct affect on their bottom line. Countries war against each other when they have great differences. People take others to court. But we expect the government to affect corporations without any effort on the public's part.