10 Dirty Tricks Wall Street Con Artists Will Pull to Keep the Rip-offs Going

[Donnachaidh]

http://www.alternet.org/workplace/128241/10_dirty_tricks_wall_street_con_artists_will_pull_to_keep_the_rip-offs_going/?comments=view&cID=1144319&pID=1144299


How traders, lobbyists, PR hot shots will try to limit reform and brainwash America.

Yes, America wants an economic recovery. A brand new bull. And nobody wants it more than Wall Street. It gets rich off bull markets. Yes, Warren Buffett may be buying, but the odds are against Wall Street now.

The financial sector's in the tank: Stocks are huge losers. Earnings stink. Bonuses are down. And if they ask for TARP money, CEO salaries get capped, there are no lavish conferences and you fly commercial -- very humbling for a big boss used to making a million bucks a week.

Still, Wall Street wants a new bull more than you do. Why? Bulls breed megapayoffs.

Yes, Wall Street's running a handicap race on a bad playing field, a rotten economy. Yes, the pressure's enormous. But if Wall Street wants to get its hands back in the magic cookie jar soon, it has no choice. It must get super-clever super-fast and jump-start a roaring new bull for the rest of America's 95 million investors, quickly. Get it? Wall Street must deliver a new bull market, fast and soon.

MUCH more at the link above --

[Bozita]

1. K&R

[madrchsod]

2. excellent article