Tag: derivative trading

No Excuse for losing $2 Billion

In spite of what some people will tell you, the reason that we are in the Great Recession, the reason that millions of Americans are out of work, the reason there was a downturn in our economy is due to irresponsible recklessness on Wall Street. The folks on Wall Street will have you believe that this was the “perfect storm.” No. This was the result of massive deregulation which was pushed by Wall Street and unfettered greed. Until we, the American public, recognize that as long as there are massive incentives (read – huge bonuses) to cut corners and take risks

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Errington C. Thompson, MD

Dr. Thompson is a surgeon, scholar, full-time sports fan and part-time political activist. He is active in a number of community projects and initiatives. Through medicine, he strives to improve the physical health of all he treats.


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