if you don't fully understand a product, don't buy it if you wouldn't buy a product for yourself, don't sell it if you don't know your customers very well, don't lend them any money
Only item 2 can be enforced by regulation, and it certainly should. 1) and 3) in Steinbrück's plan would go towards that. In the long run, we're all dead. John Maynard Keynes
John Maynard Keynes
and besdies that.. a generally good banker which will basically buy anythig he wants now that the Spanish Treasury has bought all the risk that a economic meltdown could force on him.
A pleasure I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude