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View Diary: Open thread for night owls: Three cheers for a bank that needed no bailing out (71 comments)

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  •  They can, of course, can work EVERYWHERE (1+ / 0-)
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    Odysseus

    There are in each and every state talent, astute Financial Professionals who would be willing to faithfully perform mundane, unexciting banking functions and services for a fraction of Wall Street compensation and without annual bonuses. Simply because it's enough for them and right for their communities and states.

    Hence the problem of attempting to enable these entities in 49 other states: it undermines the FIRE sector rationale for obscene compensation in the FIRE sector. I hope Vermont can make that 48.

    When you are right you cannot be too radical; when you are wrong, you cannot be too conservative. --Martin Luther King Jr.

    by Egalitare on Sat Mar 30, 2013 at 05:53:57 AM PDT

    [ Parent ]

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