Barclays is not the problem
Barclays is a problem, no doubt. But it is not the problem. The problem is not a few cowboys, it’s the whole damn rodeo. Speaking with a friend who’s worked on nuclear anti-proliferation strategy on Saturday, I was struck by the contrast he drew between approaches to and expectations surrounding government regulation in both areas. Given nuclear technology’s tremendous potential for colossal harm it’s a no-brainer that stringent regulation, frequent spot-checks and the limitating of access to rigorously trained and …