Meanwhile, back on Wall Street, nothing has changed

This story is frustrating to read but is entirely typical of the attitude that prevails on Wall Street. As with everything else, those left and right of center cannot or more appropriately will not agree on the causes that lead to the banks raping of America. For people like me, who actually worked in the industry, I see this as being because of deregulation like Glass/Steagall and because we removed what tiny checks there were on greed. From the right, the answer is that the CRA, started in the 70's, put a gun to the head of banks and told them they must allow borrowers to borrow a gigantic sum of money they clearly will never be able to pay back. I never have and never will change a mind on this site, but this story hits on something not usually talked about, namely the gall and bitter fuck you attitude of banksters like Jamie Dimon.

The author who wrote this is Alexis Goldstein and I'll say up front, she is an OWS. Near as I can tell, she is liberal and pretty invested in social causes, but she also worked deep in Wall Street where her computer expertise brought her close to trading desks. She knows what she is talking about. For what it's worth, last night on asshole Bill Maher's show, she was very confrontational to Barney Frank in what was, to me, a very refreshing exchange.