Wednesday, September 30, 2009

Demonising Wall Street

From the Economist:
At a hearing in February a Congressman addressed JP Morgan Chase's boss, Jamie Dimon, as "Mr Demon". Deliberate or not, it captured the mood.
I guess you could say that, on Wall Street, such CEOs come a Dimon-a-dozen.

Incidentally, Oliver Stone is planning a sequel to his movie,"Wall Street", that features an institution resembling Goldman Sachs. It is due in cinemas next spring. Hopefully, with the recovery gaining ground by then, it will run to full houses.

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