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The JOBS Act makes the world less safe for investors.
Identifying who the scoundrels are helps keep the markets safe for investors.
But Mr. Smith's Op-Ed article — and the resounding response to it — provide yet another reminder of why it is crucial that we remake our financial markets so that they are safe for investors and taxpayers.
There must also be "incentives to keep products safe" for investors, he said.
"When they start to do better, it becomes safe for investors to think that in another six months the missy retailers will do the same".
Gretchen Morgenson of the New York Times (one of the few business reporters who's worth reading) points to Mr. Smith's resignation as "provid[ing] yet another reminder of why it is crucial that we remake our financial markets so that they are safe for investors and taxpayers".
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That will make it safer for investors to hand their money to a cheap passive manager.
Recent euro zone accords and moves by the European Central Bank have reduced borrowing costs for countries considered to be the safest for investors, like Germany and the Netherlands, and for those judged to be the next-most secure, like France and Belgium.
Mr. Roth took issue with the assumption that maintaining the status quo was safest for investors: "These unresponsive, brittle dictatorships are the last thing that the region needs to develop economically.
But, increasingly, it may be safer for investors to be with them than against them.One former spy, who now works for a Moscow investment bank, says that in the early 1990s his erstwhile colleagues' experience of living abroad and dealing with foreigners helped them find new jobs.
The goodwill, the bad and the ugly In pursuit of beauty Lip reading Award: Jonathan Rosenthal Reprints Related items Cosmetics in the downturn: Lip readingJan 22nd 2009Would the solid Nestlé, currently a safe haven for investors, be any good at the beauty business, selling "hope in a jar", as the founder of Revlon put it?
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