OWS is here to save the day.
Or, haven’t you heard?
You know they don't understand derivaitves. They still don't have a working grasp of soap yet either.
I have never quite understood why it is that a few rich bankers get to make billions (or trillions) making their deals, while we average taxpayers are forced to bail them out by frantic politicians on the take ostensibly to save the economy.
These decisions always make them rich again and put our USA taxpayers deep into debt and on the hook, all because of their incompetence and greed. I truly hate paying for someone else’s incompetence.
I frankly don’t understand it, and do favor sending them to Gitmo for life as financial terrorists, but will await an explanation from those in the know who understand the ins and outs of Wall St and the worth of these investment bankers to our economy and the rest of society.
If it comes down to creating capital for new business I’m all for it. Instead I see it creating huge profits for financiers.