Slow Money?

Unpublished (!) letter to the FT

As has been repeatedly observed for longer than this recent crisis, there are systemic problems with the financial markets, one of the these in my view is the increasingly short-term thinking of all concerned. I suggest one solution to this problem would be to put traders bonuses into pension plans that include a mix of shares appropriate to those they are dealing in. This would give a great incentive to ensure markets were not destabalised. Maybe like slow food and slow travel it is time to consider making a slow buck.