Wall Street: Three simple fixes for Wall Street's reckless ways

Most thoughtful observers agree that Wall Street's crazy casino culture contributed mightily to last year's global financial crisis, and the economic meltdown that followed.

By manufacturing impenetrably complex debt bombs that promptly exploded in the hands of unwary investors, Wall Street's pocket-lining paper shufflers brought the financial system to its knees.

While Wall Street is already back to its old ways, racking up huge profits and doling out big bonuses, American taxpayers are stuck with the tab. They'll be paying the price for years.

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