Thank you, Occupy Wall Street. With your vivid example of anticapitalist squalor, I've been able to convince all three of my children to become investment bankers.
We ought to say, "Occupy Wall Street, not Iraq," "Occupy Wall Street, not Afghanistan," "Occupy Wall Street, not Palestine." The two need to be put together. Otherwise people might not read the signs.
I locate a great deal of the power of Occupy Wall Street in the name itself, 'Occupy Wall Street,' or '#OccupyWallStreet.' It works because the name contains everything you need to know: the tactic and the target. The name is also modular. You can create your own offshoot in your own city.
Wall Street can be a dangerous place for investors. You have no choice but to do business there, but you must always be on your guard. The standard behavior of Wall Streeters is to pursue maximization of self-interest; the orientation is usually short term. This must be acknowledged, accepted, and dealt with. If you transact business with Wall Street with these caveats in mind, you can prosper. If you depend on Wall Street to help you, investment success may remain elusive.
Occupy has to continue as a bold, in-your-face movement - occupying banks, corporate headquarters, board meetings, campuses and Wall Street itself. We need weekly - if not daily - nonviolent assaults right on Wall Street.
Much like the Tea Party, Occupy Wall Street's message has gotten wrapped up in stereotypes. The Tea Party was weighed down by the birther movement, and Occupy Wall Street has gotten looped in with hippie culture.
When Occupy Wall Street happened, I took my money out of Citibank. I already had problems with all the banks - Citibank, Bank of America - but I was kind of just too lazy to take my money out until I saw how Citibank responded to Occupy Wall Street.
Why is it possible to rescue S&L buccaneers in the early '90s and provide guidance to levered Wall Street investment bankers during the 1998 long-term capital management crisis, yet throw 2 million homeowners to the wolves in 2007?
Here is what is needed for Occupy Wall Street to become a force for change: a clear, and clearly expressed, objective. Or two.
What you’re seeing with Occupy Wall Street and the others are people who are unhappy and they’re directing their unhappiness now toward Wall Street and toward those they think are doing too well in our society.
What you're seeing with Occupy Wall Street and the others are people who are unhappy and they're directing their unhappiness now toward Wall Street and toward those they think are doing too well in our society.
Occupy Wall Street means making Wall Street and the corporate power elite understand that the people affected by the binge of unregulated greed are not going away, and they are not going to give up.
When you hear the party that glorified Occupy Wall Street blast success; when you hear them minimize the genius of the men and women who make jobs out of nothing, is that what you teach your children about work?
I founded SkyBridge - an alternative investment management company focused on seeding and partnering with emerging managers and mentoring Wall Street's next generation of Wall Street's entrepreneurs - in 2005.
The new social question is: democracy or the rule of the financial markets. We are currently witnessing the end of an era. The neoliberal ideology has failed worldwide. The U.S. movement Occupy Wall Street is a good example of this.
I spent thirty-three years in the Marines, most of my time being a hlgh class muscle man for Big Business, for Wall Street and the bankers. In short, I was a racketeer for capitalism.
I've never been on Wall Street. And I care about Wall Street for one reason and one reason only because what happens on Wall Street matters to Main Street.