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Politics : Politics for Pros- moderated
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To: DMaA who wrote (109973)4/18/2005 12:43:29 PM
From: JohnM  Read Replies (2) of 793755
 
That is unfortunate but when you invest you assume risk. If you successfully regulate risk out of the system you also regulate reward away.

Of course. But you don't assume illegality. Risk is one thing; CFO's stealing money; auditing firms looking the other way; you don't assume that. If you did, no one would invest.

You need a reasonable expectation of reasonably clean behavior to invest. Well, at least a reasonable investor would.
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