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Old 10-04-10, 07:08 PM   #5
Magic5
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Posts: 3,918
From: Denver, CO
IP:

I get the feeling that a lot of people don't understand finance, etc. and end up holding rather fatuous beliefs about Wall Streets, banks, and the financial services industry. I'm confident that not all of the complaints, bad press, etc. about some of the big banks have merit (don't get me wrong though -- some do). It seems to me that a lot of people, politcians included, or perhaps I should have said especially politicans, don't understand finance, so they end up blaming Wall Street, banks, etc. for all kinds of problems and putting them in a bright, negative spotlight that's not at all grounded in reality.

I'm planning on seeing the new Wall Street movie, but haven't seen it yet. If you want to talk about something that's actually happened, then I'm down.
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