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Econofraak: Mobility: what goes down must go up. Geithner wants oversight power to manage risk taking in business and they want the tax payer to foot the bill while the investors get the rewards. Infl

Posted on: 29-Mar-2009

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Summary

Geithner and Bernanke: Do they really think they can manage a business and evaluate risk like a Wall streeter? Why not let the market drive it with laws designed to make executives true owners, not employees. Bring back options, kill bonuses and it won't cost a dime to get the change they want. And we don't have to socialize our business system. Mobility's turned hot again. What it means as the cellular communications shifts into the data intensive world of the Internet.

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