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Re: the bain way

By: Cactus Flower in ALEA | Recommend this post (0)
Wed, 18 Jul 12 3:01 AM | 83 view(s)
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Msg. 09028 of 54959
(This msg. is a reply to 09022 by Down And Out Man)

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By the way, see page 6 to find the share of GDP contributed by Wall Street.

http://www.princeton.edu/bcf/newsevents/seminar/Philippon-paper.pdf

Doesn't appear that Wall Street's success correlates with US success. In fact, the economy seems to grow more when Wall Street is less involved and to crash as Wall Street grabs more of the economy.




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The above is a reply to the following message:
Re: the bain way
By: Down And Out Man
in ALEA
Wed, 18 Jul 12 12:16 AM
Msg. 09022 of 54959

Romney was a perfect Wall Streeter.

Wall Street owns America. We're not smart enough to reel them in.

The US govt is completely beholden to Wall Street. Bought and paid for many times over. Hell, the regulators have been so full of ex Goldman Sachs and their ilk that they just hand 'em the keys to the safe.

Your man ain't gonna change that either.

It's over.


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