Reply #5: The disconnect from the actual economy is appalling

[BeyondGeography]

"In the first three quarters of the year, Wall Street earned $21.4 billion, putting it on track to easily outpace 2006, when the economy was booming, and well ahead of the New York City government’s initial estimate of $20.6 billion for profit in all of 2010.

This year, Wall Street’s five biggest firms have put aside nearly $90 billion for bonuses."