2008-10-16 Dealing with greed and extreme capitalism

Twice yesterday, once at the Press Club then again in Federal Parliament, Kevin Rudd promised to deal with the 'greed' that he said was at the heart of the current global financial crisis. The Prime Minister says the current malaise is a symptom of the 'comprehensive failure of extreme capitalism'. But how easy is it going to be to fix the structural problems underpinning 'extreme capitalism'? Apart from linking the salary packages of senior executives in financial institutions to responsible corporate behaviour, how does the world effectively deal with greed? Satyajit Das is a risk consultant and expert on financial derivatives and financial risk management.

He's also the author of the book Traders, Guns and Money.. Thu Oct 2008 12:10 (1 month, 1 week ago)
Radio National Breakfast - business & finance 266 articles in collection
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