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PredictableChaos
User Rank
Platinum
Honestly making money is not a crime
PredictableChaos   10/12/2011 10:36:46 AM
NO RATINGS
Here's more fodder for the Occupy Wall Street protesters: compensation at New York Stock Exchange member securities firms increased 18.7% in the first half of 2011

If the protesters motivation are as simple as:

1 - I've had a difficult year financially, and

2 - the securities industry is doing well (or okay or better than me),

Then there is a one-word definition for what motivates the Occupy Wall Street protest -  envy.

tokyogai
User Rank
Platinum
It's no wonder
tokyogai   10/12/2011 8:51:48 AM
NO RATINGS
Of course with the economies of the world slowing down and a major debt crisis in Europe that profits will slow down. I think it is really a foregone conclusion. I do not think Wall Street firms will continue to raise salaries and hire people in this kind of environment. Even bankers and traders do watch the bottom line. They may be slow, but they are not dead.

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