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Beyond the Inevitable and Inadequate Regulation of Bankers: A Comment on Painter

16 Pages Posted: 21 Mar 2011  

Lyman Johnson

Washington and Lee University - School of Law; University of St. Thomas, St. Paul/Minneapolis, MN - School of Law

Date Written: 2011

Abstract

This is a Comment on Richard Painter’s article on The Moral Responsibilities of Investment Bankers. First, it identifies several reasons for both the inevitability and the inadequacy of business regulation. Next, it comments on Painter’s proposals for inducing greater responsibility by bankers and offers a few suggestions for introducing a moral tenor into the discourse about financial markets.

Keywords: investment banking, business regulation, morality in business

Suggested Citation

Johnson, Lyman, Beyond the Inevitable and Inadequate Regulation of Bankers: A Comment on Painter (2011). University of St. Thomas Law Journal, Vol. 8, 2011; U of St. Thomas Legal Studies Research Paper No. 11-06. Available at SSRN: https://ssrn.com/abstract=1791220

Lyman P. Q. Johnson (Contact Author)

Washington and Lee University - School of Law ( email )

Lexington, VA 24450
United States
540-458-8515 (Phone)
540-458-8488 (Fax)

University of St. Thomas, St. Paul/Minneapolis, MN - School of Law

MSL 400, 1000 La Salle Avenue
Minneapolis, MN Minnesota 55403-2005
United States

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