Is 'Skin in the Game' Overrated?
September 23, 2013 12:37 PM
The idea that skin in the game is the best way to ensure that people take responsibility for their professional conduct harks back to ancient Babylon. Black Swan author Nassim Taleb calls it "the best risk management rule ever." American Banker editors discuss whether skin in the game is the elixir needed to make modern finance safe or is destined to lose favor as fast as stock options and Alan Greenspan.