bertil

Why Friday Was Such a Critical Day for Bank Stocks

I don't get the point either......other that providing a forum to vent like James above.
A terrorist attack, eh?

Compensation Caps Will Drive Away Talent? To Where?

It wasn't their talent that brought down the banks etc. Talent has never been a very good measure of true success Check how many talented musicians have graduated from Juliard School of Music (and we never heard from!)

And remember that those populists vengeful folks started the French Revolution! Those very talented and well educated and mannered still couldn't save their necks.

How Wall Street Keeps Dooming Itself

What continues to surprise me is that there has, as of yet, not been an actual large scale public protest in this oh so slowly sliding avalanche disaster. Are we all like the proverbial frog in the slowly warming water, who will just sit there till she boils?
What is gained by scapegoating? Or locking the barn when the horses left? What is gained by senators debating "our" stimulus package vs "theirs" ? What is lost is clear: time and opportunity!
Let's have three to five comprehensive plans published and then we - the people! - vote!
A revolutionary idea: democracy.