Robert Reich | The Remarkable Political Stupidity of Wall Street | Truthout

Robert Reich | The Remarkable Political Stupidity of Wall Street | Truthout
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  1. RAYLOKEDecember 12, 2011 at 4:24 AM

    SELF INFLICTED WOUNDS as in self sacrifice for the wrong reason; But in coming months and years, the American public will weigh the social costs and social benefits of Wall Street itself. And it wouldn’t surprise me if they decide the costs of the Street as it is far outweigh the benefits.

    The result will be caps on the size of banks. Some will be broken up. Glass-Steagall will be resurrected. Some Wall Street bigwigs may even see in the insides of jails.

    If so, the Street has only itself to blame.

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