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Venture Capital > Paul Allen

What is wrong with US capitalism? Effects of Las Vegas-style gambling in the banking sector

Paul Allen | Mon, 08/31/2009 - 3:34pm | casino-style trading, creation of capital, creation of wealth, John Doerr, online money management, online trading |  2 comments

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John Doerr famously said that the internet was the “largest legal creation of wealth in the history of the planet.” But that creation of wealth is dwarfed by the similarly legal creation of wealth we see through the unregulated trading of derivatives. Bloomberg reported this morning
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