Sources: Reuters, Washington Post
quote: Wall Street, on the other hand, is... and legally (that's why its called loopholes, btw).
quote: so selling a product to your customers (so they can go long on it) while you simultaneously short the position you're selling to them is ethical? Really? You think so?
quote: The system is broken man. Occupy isn't the best example
quote: Regarding the whole jail thing... most employees of these big firms were merely doing their jobs. Wall Street isn't just CEOs; its people earning a living.
quote: Re-read what I said before you wrote this. I don't think you comprehended the example I gave at all... not one bit. I actually don't expect many people to comprehend it but it is an extremely egregious example of atrocities performed in these institutions.
quote: The thing is though, they broke the laws, they did unethical things
quote: How is that different from giving it to some schmoe on the street who says: "Psst, hey buddy! Gimme yer cash and I'll double it in a month, I promise,"
quote: Of course, if you're not in the industry or haven't been around it, it is very hard to understand just what goes on in it. I can tell you for sure it isn't pretty at all.
quote: I work for a Fortune 500 company.
quote: I believe I mentioned that loopholes aren't necessarily illegal