Certainly, the government has a responsibility to help protect the rights of employees and the interests of investors when financial companies get into trouble. It is also entitled to use any means necessary to stop financial distress turning into a broader meltdown of the entire system. However, the point remains that the government needs to safeguard public interest and mitigate moral hazard. It must make the right decisions for the economy as a whole.
Sun, Oct 28, 2012 - Page 8 News List
This story has been viewed 1807 times.
Listing from 2014-11-20 to 2014-11-27
- Most read
- Most e-mailed
1EU markets jump after Draghi inflation vow
2Chinese military buildup affects US options: report
32014 ELECTIONS: Ethnic discrimination seen in KMT attacks
4Legislator under fire over organ-harvesting claims
5China rate cut to hit profits: ICBC president