Editorial Board

The Banks We Need

Anger at the banking industry no longer serves any useful purpose.

Tangible financial innovation.

Photographer: Aamir Qureshi/AFP/Getty Images

The 2008 crash and its consequences proved beyond a doubt the need for stronger and smarter regulation of banking and finance. Getting this right remains a challenge, but there's been progress. One worsening obstacle to intelligent rule-making, though, should be cleared away before it becomes a bigger nuisance than it is already -- and that's a lazy, ill-founded prejudice against the finance industry and its workers.

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