Exact(3)
The rules are intended to inhibit pay plans that encourage reckless behavior by rewarding only short-term gains.
This person also said Mr. Rubin made the call out of concern that a rate cut might encourage reckless behavior on Wall Street.
After weeks in which he had preached against rescuing investors who had made bad decisions, Mr. King told a parliamentary committee that the bank had had to walk a fine line between preserving financial stability and taking steps that could encourage reckless behavior in the future.
Similar(55)
This perversely encourages reckless behavior.
Conservative and pro-lender members of the panel argued that the laws were too easy on debtors and encouraged reckless behavior, a position shared by the banks.
Practically everybody — even Lloyd Blankfein — agrees that the myopic pay packages prevalent on Wall Street played an important role in encouraging reckless behavior.
The argument I made yesterday, and in the magazine last year, was that the importance of moral hazard in sparking the financial crisis by encouraging reckless behavior on the part of bank executives has been overrated.
Put aside the moral hazard they create, by encouraging reckless behavior.
Although some Republicans have backed the fund, others warn that it could encourage reckless investing.
The FOMC fears that both encourage reckless borrowing and distort markets.
"The state will now be able to continue offloading bonds to Japan Post, and that will encourage reckless government spending".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com