Tuesday, November 23, 2010

"What good is Wall Street?" The New Yorker Article

Wall Street, investment bankers, and social good: newyorker.com

Is our financial and economic model out of place? Can we justify the fact that the most profitable industry in the world is one that doesn't produce, build or sell a single tangible thing?

As investment banks and wall street "smartypants" investors come back on track with millionaire gains, mainstreet keeps wondering whether Wall Street it's absolutely neccessary for the world's economic and social development.

Here is an interesting article on how key players in the industry, such as Citigroup's Vikram Pandit, are assuming new leadership approaches whithin their industries and organizations.

What good is Wall Street?

No comments: