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Wall Street firms turned huge profits by taking, in some cases, reckless risks and cutting corners.
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And it's designed to discourage them from taking reckless risks in the future.
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We've got an education system unsuited for a global era, and a financial system that has been rewarding reckless risks.
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This economic crisis began as a financial crisis, when banks and financial institutions took huge, reckless risks in pursuit of quick profits and massive bonuses.
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And I think that's particularly important in the financial industry, where reckless risks in pursuit of short-term gain helped create a crisis that engulfed the world economy.
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In fact, the financial industry and its powerful lobby have opposed modest safeguards against the kinds of reckless risks and bad practices that led to this very crisis.
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But two years ago, we talked about some on Wall Street who were taking reckless risks and cutting corners to turn huge profits while working Americans were fighting harder and harder just to stay afloat.
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Casey's lab at Cornell University suggest that adolescents aren't reckless because they underestimate risks, but because they overestimate rewards or, rather, find rewards more rewarding than adults do.
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He knew the risks and was not reckless.
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Here, again, we have reckless endangerment of our children with no accounting of the generational risks being imposed.
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