Maybe all this Wall Street Jazz isn’t so bad.

by Scott Randolph on September 16, 2008

in Business, Personal Finance

One of my favorite business “journalists” – Stanley Bing – has a great post about how the fall out on Wall Street is really just karma.

You know – I have to agree. We’ve watched businesses rise and fall at the whims of these guys, who cared more about their bottom lines than the success of the businesses. It’s because of them a quarter point of share price is more valuable than 1000 jobs.

I’m currently reading “Supercrunchers” (very cool book, btw) – and it speaks of experts who don’t understand the true nature of their actions, simply because the existence of their paychecks rely on that exact fact. I think that’s a great line.

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