Seriously, guys - I don't think anyone knows how to fix Wall Street. Further, if anyone did know, the system of our elected officials needing to raise a trillion dollars for every election sort of precludes them from reigning in the industry that supplies a huge proportion of that funding, right? More on that here.
It just occurred to me that my last encounter with a finance guy more or less sums up the past two years in the American economy: after a drunken evening we returned to Goldman Partner's ostentatiously large Tribeca penthouse where he started off promisingly then fell asleep at the wheel. Next day: dismissive text not acknowledging the fail.
Indicative, right?
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