Posts Tagged ‘ Financial crisis ’

In Your Face, Wall Street….Maybe?

18 November 2008

I started writing an entry about the financial crisis in September (okay, “started” is an overstatement, I just came up with a title), just when everyone thought it was peaking, or at least becoming apparent to everyone. But there were so many news articles, op-eds, and blog posts about it, I couldn’t make one point that hadn’t already been mentioned. So it just sat in my Drafts, waiting for the day when I’d have something to say. In August and September of this year, when all the newspapers and magazines featured cover stories with photos of laid off bankers walking out of Lehman Brothers, of stock markets plummeting, and of traders freaking out, I reveled at the expense of all those greedy Wall Street bankers who, in order to make a pretty penny, approved and executed some outright ridiculous, illogical transactions. I also felt triumphant that, despite pressure from Brown’s career services (which seemed only to push us towards corporate careers), I did not sell out to all the big businesses that flooded to campus last fall.  How do you like them apples, Ivy Leaguers? Finally, they can suffer, too. Who am I kidding, they’ll all be better off

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