The best financial reform? Personal Bankruptcy for the executives of Banks, Oil, and all CEO's!
Happily, there's a ready-made and time-tested solution. Let the senior financiers keep their salaries and bonuses, and let them do with their banks what they will. If, however, their bank fails, let the bankers themselves fail. Let the value of their houses, cars, yachts, paintings, etc. be assigned to the firm's creditors.
Read the entire article by James Grant:
http://www.washingtonpost.com/wp-dyn/content/article/2010/04/22/AR201004...


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