As usual, we'd like to hear what you think. Share your thoughts with us on what should be done to better discipline financial markets, the relationship between Wall Street and Washington, or your own experiences in the industry or regulatory sphere. As always, we love to hear from you.
1. What does Foroohar mean when she says the financial sector has gone from "greasing the wheels of Main Street capitalism" to becoming "the game in and of itself?"
2. Both Foroohar and Roberts bemoan the current cozy relationship between Wall Street and Washington, and to some extent, each agrees that the government's response to the 2008 financial crisis was necessary. But why does each think it was necessary, and how do their views on why characterize each's thoughts on the best way(s) to discipline the financial industry going forward?
3. How might it be possible for it to become culturally more difficult for bailouts to occur in the future? What would such cultural change look like?
4. What does Foroohar mean when she says, "What we have now is not something Adam Smith would recognize as a free market." What does she suggest as a solution to improve the financial markets for the benefit of the larger economy, and to what extent do you agree with her prescriptions?