Why Wall Street Should Stop Whining
Reposted from: http://www.rollingstone.com/politics/blogs/taibblog/why-wall-street-should-stop-whining-20120208
February 9, 2012 @ 12:44 pm
According to Sherman's interview subjects, it has nothing to do with the economy having been blown up several times over by these very bonus-deprived bankers, or with the fact that all conceivable public bailout money has essentially already been sucked up and converted into bonuses by that same crowd.
No, it instead apparently has everything to do with the Dodd-Frank bill, and specifically the Volcker rule banning proprietary trading, which incidentally hasn’t gone into effect yet.