How to disrupt Wall Street by @cdixon - chris dixon's blog →
There would be so much more disruption here if the financial bailout didn’t unfold the way it did… In any case, yes, for far too long financial innovation has meant creating additional layers of obfuscation (e.g. ever more complex securities and ways to lever up) to make it more difficult for normal folk to realize just how they’re getting taken; we need the good kind of financial innovation.
