Quite frankly, the financial community has to improve its image. The financial community has to be much more transparent than it is.
Sentiment: NEGATIVE
The financial industry is a service industry. It should serve others before it serves itself.
I firmly believe that the most important feature of spending the people's money is complete transparency.
It's great that people get together and collaborate, talk about the facts and the analysis, all in the interest of having a great financial system.
Today the financial market is no good, but the money is there.
The financial crisis is a stark reminder that transparency and disclosure are essential in today's marketplace.
Financial literacy is an issue that should command our attention because many Americans are not adequately organizing finances for their education, healthcare and retirement.
Financial institutions, the corporate world and civil society - all must uphold high standards of probity in their working. Only a genuine partnership between the Government and its people can bring about positive change to create a just society.
Instead of abandoning competition and giving banks protected monopolies once again, the public would be better served by making it easier to close banks when they get into trouble. Instead of making banking boring, let us make it a normal industry, susceptible to destruction in the face of creativity.
Human nature doesn't change. When enough people are comfortable enough financially, there is going to be human nature that wants to spend more money on better quality and, to some degree, status symbols as well.
What we need to do is break the financial community's grip on society.