No, Senator Warren, Let's Make Banking Scary Again - Bloomberg: What is disturbing, and perhaps this is what Warren is getting at, is that since the financial crisis the risk-reward equation has been flipped. Because of the government's implicit guarantee to rescue banks deemed too big to fail, the risk is low. Meanwhile, the marriage of commercial banks with investment banks has created a compensation environment with high rewards. Much of the fear that should be part of banking has been wrung out of the system.
So how about it, Senator Warren? Instead of making banking boring, how about making it scary again -- for bankers and their shareholders?