Home Archive John Fullerton: How Can We Curb Financial Speculation?

John Fullerton: How Can We Curb Financial Speculation?

If each of the financial trades Wall Street is carrying out to make their billions incurred a cost, how quickly do you think someone would rein in the robots? That’s the logic behind creating a new financial transaction tax for US trading.

When we spoke with John Fullerton, former JP Morgan director and hedge fund head, he cited market instability as his number one reason for endorsing for financial transaction, or “Robin Hood” taxes.Distributed by OneLoad.com

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version