tag:blogger.com,1999:blog-5465015914589377788.post5794697092661202438..comments2024-02-17T11:07:06.232-05:00Comments on Michael James on Money: The Malign Hand of the MarketsMichael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5465015914589377788.post-11754577270355975442012-08-22T09:00:02.090-04:002012-08-22T09:00:02.090-04:00Obligatory LLPs for financial industry sounds like...Obligatory LLPs for financial industry sounds like a good idea, but it should be supported by changes in bankruptcy laws. As of now, one who declared insolvent just starts from zero, while general public picks up his bills (companies pass the losses to the public via safety margin on products and services). Instead, an insolvent person must enter into prescriptive work arrangement where most of his income would be directed to repayment of his debts.AnatoliNhttps://www.blogger.com/profile/07937984526970646627noreply@blogger.com