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A comment on Ireland jails three top bankers over 2008 banking meltdown. Parent comment

Re:Ireland jails three top bankers over 2008 banking meltdown by wolf550e on Saturday July 30, 2016 @08:07PM (#12195174)
Even if no one committed fraud (which I don't buy), you agree people were stupid a greedy. Did those people at least lose money? Because ordinary people were badly hurt, and the people responsible appear largely unharmed. Is that the nature of "elites"?
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Re:Ireland jails three top bankers over 2008 banking meltdown by tedunangst on Saturday July 30, 2016 @08:37PM (#12195240)
That is the nature of the principal agent problem.
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