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2016 Postmortem

Gregorian

(23,867 posts) Sun Mar 6, 2016, 11:57 AM Mar 2016

9

Hey Wall Street - It Ain't a Good Thing to Be Cheating People

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3 replies

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Hey Wall Street - It Ain't a Good Thing to Be Cheating People (Original Post) Gregorian Mar 2016 OP

Wall Street for Fraud and Profit. Octafish Mar 2016 #1

Cheating people is Wall Street's business model BernieforPres2016 Mar 2016 #2

The financial services industry employs about 5% of American workers BernieforPres2016 Mar 2016 #3

Octafish

(55,745 posts)

1. Wall Street for Fraud and Profit.

Reply to Gregorian (Original post)

Sun Mar 6, 2016, 01:39 PM

Mar 2016

It's a tough business, separating mopes from their money and then getting the taxpayers to pay for it.

BernieforPres2016

(3,017 posts)

2. Cheating people is Wall Street's business model

Reply to Gregorian (Original post)

Sun Mar 6, 2016, 02:10 PM

Mar 2016

You might as well tell cats they shouldn't kill mice.

BernieforPres2016

(3,017 posts)

3. The financial services industry employs about 5% of American workers

Reply to Gregorian (Original post)

Sun Mar 6, 2016, 02:14 PM

Mar 2016

It historically accounted for about 10% of corporate profits until about 30 years ago. It now accounts for about 30% of corporate profits.

http://www.theatlantic.com/business/archive/2013/03/how-wall-street-devoured-corporate-america/273732/

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