2016 Postmortem
Showing Original Post only (View all)PSA: How many people here who love to hate "Wall Street" actually know what it means? [View all]
It does NOT mean big corporations. It does not refer to all financial companies either.
Test your knowledge:
- Hedge Funds
- Private Equity
- Venture Capital
- Investment bank
- Brokerage
- Asset management
- Specialist research firms
- Consumer/retail bank
- Commercial bank
- Mortgage originator
- Mortgage servicer
- Wealth management/private banking
- Pension funds
- Foundations
- Family offices
- Insurance company
- Credit union
- Custodian
- Administrator
Is it fair for Sanders to say "the business model of Wall Street is fraud"? Let's see if all the people who hate Wall Street actually know what it refers to. Bonus if you can rank from slimiest to cleanest business models.
Oh, please make substantive points rather than name-calling etc.