A Quote by Thomas Frank

Americans have known about mounting inequality and king-sized Wall Street bonuses for years. But we also had an entire genre of journalism dedicated to brushing the problem off.
Bonuses balance my budget in New York City. The bigger the bonuses on Wall Street, the more money I had to spend on poor people. The New York City budget is determined greatly by the bonuses given on Wall Street.
Wall Street shouldn't be deregulated. I think Wall Street and Main Street need to play by the same set of rules. The middle-class can't carry the burden any longer, that is what happened in the last decade. They had to bail out Wall Street.
That Wall Street has gone down because of this is justice ... They built a castle to rip people off. Not once in all these years have I come across a person inside a big Wall Street firm who was having a crisis of conscience.
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.
Ive been on Wall Street once in my life in 1980 as a tourist. I went to see the stock exchange when I was 18 years old. Im not a Wall Street lawyer, Im a Stanwix Street lawyer. Stanwix Street is a street in downtown Pittsburgh.
There are those on Wall Street and in the plutocracy who feel that Geithner is a hero who deftly steered the country from economic ruin. To many ordinary Americans, however, he is considered a Wall Street puppet and a servant of the so-called banksters.
If there's anyone who's against Wall Street, it's Donald Trump, not Hillary Clinton, who basically lives off of the funding from Wall Street.
On one level, of course, the notion of judging films or books or music against each other is completely ridiculous. Who's to say '12 Years A Slave' is a better film than 'The Wolf of Wall Street'? Or that one album in a certain genre is better than another in a completely different genre?
In the 20th century there's was the long-running division in the Republican Party between what was known as Wall Street and Main Street Republicans. And sort of different expectations about the use of the federal government.
Establishing a 0.03 percent Wall Street speculation fee, similar to what we had from 1914-1966, would dampen the dangerous level of speculation and gambling on Wall Street, encourage the financial sector to invest in the productive economy and reduce the deficit by more than $350 billion over 10 years.
When I was 15 years old I read an article about Ivan Boesky, the well-known takeover trader - turned out years later it was all on inside information! But before that came to light he was very successful, very flamboyant. And I thought, "This is what I want to do". So I'm 15 years old, I decide I'm going to Wall Street.
When I was 15 years old, I read an article about Ivan Boesky, the well-known takeover trader - turned out years later it was all on inside information! But before that came to light, he was very successful, very flamboyant. And I thought, 'This is what I want to do.' So I'm 15 years old, I decide I'm going to Wall Street.
I joined Bloomberg Television as an anchor in 2011 after spending fourteen years on Wall Street. In many ways, the industries are similar: it's about relationship-building, trust, and problem solving.
At Cornell University, it was well known that after five years on Wall Street, you could expect to be making half a million a year in salary and bonus; after 10 years, you could expect a million or more. I had 60 grand of university debt, and my parents had no retirement. I needed that money.
The truth is not that the problem is the newsroom does not understand capitalism. The problem is that the front office does not understand journalism. The problem is not that the average reporter does not understand what it is that's necessary to make the payroll, to make the good edifice, to make the thing that he wants. It is that in fact those who control too many of the edifices have actually come to believe that Wall Street has wisdom, and that that wisdom should instruct our business.
Two opposite and instructive figures in U.S. journalism during the Trump years are Gerard Baker, editor of the Wall Street Journal, and Martin Baron, editor of the Washington Post.
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