Via Jake:

Category: Humor, Weekend

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

2 Responses to “How the Financial World Sees Itself”

  1. Hans Robert says:

    I like the picture for the Analyst as seen by Trader better:

    I like the client add-ons tho.

  2. victor says:

    And I see the proliferation of financial services’ “Products” as a major cause for the decline of our economy because ““two plus two equals four and no one has ever invented a way of getting something for nothing” as the wise man Baruch cautioned us many decades ago. If the Financial Services sector of economy doesn’t shrink organically from today’s bloated size, we are condemned to continue to suffer the consequences: credit bubbles anyone? more financial crises? TARPS galore? bail outs? too big to fail redux? Next phase? But here comes Elizabeth Warren who declares:

    “To restore some basic sanity to the financial system, we need two central changes: fix broken consumer-credit markets and end guarantees for the big players that threaten our entire economic system. If we get those two key parts right, we can still dial the rest of the regulation up and down as needed. But if we don’t get those two right, I think the game is over. I hate to sound alarmist, but that’s how I feel about this.”

    My reaction? good luck to you idealist lady, the vultures on Wall Street will NEVER let you do that; may be cosmetically, at the margin…I’ll believe it when I see all Rubinistas (donkeys and elephants alike) being dragged to the Lower Manhattan jail kicking and screaming between two armed guards.