'Wall Street' No Longer Exists(online.wsj.com)
online.wsj.com
'Wall Street' No Longer Exists
http://online.wsj.com/article/SB122212959612065505.html
4 comments
I promise that your regular HN programming will resume after the financial crisis is over.
Subnit stories like thse over at http://www.newmogul.com/
nickb's there to keep'em coming
:-)
nickb's there to keep'em coming
:-)
I lost 5 minutes of my life trying to find a relation between that article and this site.
There are far better economists arguing different points of view on this; all he seems to be saying was "sure, fine, hand over the money, it's not a problem". There are good technical arguments as to why it should happen, but this isn't one of them.