Lies About Wall Street
futureofcapitalism.com

From an article on today's New York Times op-ed page:

Over the past generation, this business model has worked well for one group in particular: the bankers, traders and honchos who work on Wall Street. These days on Wall Street, around 50 percent of every dollar of revenue generated is paid out to its employees in the form of compensation. What other business on earth does this? None.

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Chilling Effect
futureofcapitalism.com

In a Bloomberg View column, William Cohan rehashes the controversy over the PBS "Park Avenue" documentary and the Koch brothers, which was covered here earlier. The column is headlined "David Koch's Chilling Effect on Public Television" and concludes, "just like that, in this insidious way -- a film censored here, some phone records seized there -- the freedoms that we once took for granted and thought were guaranteed by our Constitution are slowly but surely eroded. This can't be a good thing."

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Chilling Effect
futureofcapitalism.com

In a Bloomberg View column, William Cohan rehashes the controversy over the PBS "Park Avenue" documentary and the Koch brothers, which was covered here earlier. The column is headlined "David Koch's Chilling Effect on Public Television" and concludes, "just like that, in this insidious way -- a film censored here, some phone records seized there -- the freedoms that we once took for granted and thought were guaranteed by our Constitution are slowly but surely eroded. This can't be a good thing."

Read More...

Lies About Wall Street
futureofcapitalism.com

From an article on today's New York Times op-ed page:

Over the past generation, this business model has worked well for one group in particular: the bankers, traders and honchos who work on Wall Street. These days on Wall Street, around 50 percent of every dollar of revenue generated is paid out to its employees in the form of compensation. What other business on earth does this? None.

Read More...