Tuesday, March 18, 2014

The Wall Street Etiquette Guide to Helping Oneself to Other People’s Money

Click here to access article by Pam Martens from Wall Street on Parade.

Martens reveals a lot about Wall Street culture when she describes their ways of acquiring wealth:
In case you haven’t figured it out yet, there is a right way and a wrong way to help yourself to other people’s money on Wall Street. The right way propels you into the one percent replete with mansions and yachts, your name memorialized on buildings, a golden parachute, an office and car for life fronted by defrauded shareholders and regular invitations to appear on CNBC and lecture others on how to structure the financial system.
Then there’s the wrong way....