Sat, 28 Mar 2009

Memo to Wall Street : America Hates You

Consider this a follow up to last evening's tale of bankers and class war. It's an incredible, insiders description of the echo chamber that the financial world has become, and the disconnect from reality suffered by those ensnared in it.

Methinks reality will soon be asserting it's primacy.

The New York Times' publication of the resignation letter of American International Group executive Jake DeSantis has garnered a great deal of attention. What I find even more interesting than the letter are the angry responses to it.

(link) [MarketWatch]

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