The problem isn't too much greed, but too much cowardly greed.
August 2, 2001 10:51 AM Subscribe
The problem isn't too much greed, but too much cowardly greed. "Spineless lenders, weak-kneed investors and meddling regulators intent on reducing risk pose a greater threat to the global economy than the volatile financial markets... 'The critic's image of the global financial markets as a giant casino is wrong," [writes British financial writer Daniel Ben-Ami], 'On the contrary, the modern financial markets are more often characterized by a fear of risk-taking than a reckless disregard for danger.'"
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