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This is mainly a question suited for opions.

Mine is to create wealth as you could do so much more with it (inlcuding rearranging it!) Financial engineering has made it possible to design a variety of new securities with custom-tailored risk attributes by bundling/unbundling securities. By nature it usually involves derivatives securities and off-balance transactions and sometime these three are commonly used for the same meaning Financial engineering has brought a great development in pricing various securities and risk hedged (in its primary use) securities which met the market needs and led to a great expansion in volume. This is one the benefits that would be more than just rearranging wealth.

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Q: What is rearranging wealth and creating wealth which one is better?
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