It's well known that greed was the principle driving force behind some of the high risk decisions that were made that ultimately blew up in everyone's faces.

Some of these guys were pretty ruthless in their quest for greater profits and investment fees.

Lies and cover ups are no strangers to the financial industry abroad and I see no indication that the same is not true in Trinidad and Tobago.

Of course our financial industry is no where near as dynamic as the American economy but it's still pretty large as far as the Caribbean goes.

What provisions do we have in place to prevent unethical trading and deals?

Not much, at least for now. Sure you could pass 100 laws and make 1000 rules and regulations on finance but we already have a poor track record of enforcing some of our most basic laws.


comments powered by Disqus