Polling Wall Street
April 29, 2015 7:00pm by Barry Ritholtz
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I love the term “regulation erodes business opportunities”. I assume that this is also how the drug dealers in the inner city view police crackdowns.
precisely!
I think this may be the definition of ‘oblivious’.
A day or so ago there was a link to the BBG analysis of Unis and what they were teaching graduates. It would be nice to overlay that data with info on the indictment, convictions and employment at failed institutions and their cost.
“regulation erodes business opportunities”: which translates to “as finance resumes a more reasonable size vis-à-vis the rest of the economy.”
With the problem being that much or all of Wall St will fight this tooth and nail – and Wall St very much has the wherewithal to do so.