I refer to myself as a jaded wall street worker. Part of the reason for this is all of the unsavory behavior going on with the likes of Bernie Madoff, Jerome Kerviel etc. What is actually true is that most people on wall street are honest and just want to get paid to do the right thing, but we get a bad rap for the scammers who invariably get attracted by the money on wall street.
Someone sent me a link to this little piece "A Parable On How Wall Street Works" on the blog An Investment Banker's Take On Life". What's not so funny is that a significant percentage of people on wall street would actually do this if they could!
Why the Markets Don’t Care About the Midterms
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Factors like inflation, interest rates, A.I. and the war with Iran are far
more important, our columnist says.
10 hours ago
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