Swatting ‘Locusts’: Germany and the EU Take Aim at Investment Funds
Maybe there has to be new legal ideas about” Social Responsibilty of investors” in the world . Bailouts will be less accepted by populations in the future , and could lead to instability and violence in countries. I agree the locusts of finance have to be elliminated by one means or another . Hedge funds etc have to be seen as antisocial as SUV’s in cities , and the status of the financial system and its employess brought back to where it should be.
Investors and investment groups have to bear the responsibilty of their actions , and if the invested companies are in trouble , the onvestors have to bail them out.
Without major changes in the world financial system , and control of financial locusts , there will be population reaction throughout the world , and this could lead to major instabilty , so governments have to understand this threat .
