《纽约客》去年底这篇批判华尔街的文章写的不错# WaterWorld - 未名水世界
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文章标题是 WHAT GOOD IS WALL STREET?
副标题是：Much of what investment bankers do is socially worthless.
作者John Cassidy出版过一本书，书名是How markets fail，也不错，值得一看。
下面是文章的第一段。
A few months ago, I came across an announcement that Citigroup, the parent
company of Citibank, was to be honored, along with its chief executive,
Vikram Pandit, for “Advancing the Field of Asset Building in America.”
This seemed akin to, say, saluting BP for services to the environment or
praising Facebook for its commitment to privacy. During the past decade,
Citi has become synonymous with financial misjudgment, reckless lending, and
gargantuan losses: what might be termed asset denuding rather than asset
building. In late 2008, the sprawling firm might well have collapsed but for
a government bailout. Even today the U.S. taxpayer is Citigroup’s largest
shareholder.
For years, the most profitable industry in America has been one that doesn’
t design, build, or sell a single tangible thing. PRINTE-MAIL
Read more http://www.newyorker.com/reporting/2010/11/29/101129fa_fact_cassidy#ixzz1am2c3Lj0
副标题是：Much of what investment bankers do is socially worthless.
作者John Cassidy出版过一本书，书名是How markets fail，也不错，值得一看。
下面是文章的第一段。
A few months ago, I came across an announcement that Citigroup, the parent
company of Citibank, was to be honored, along with its chief executive,
Vikram Pandit, for “Advancing the Field of Asset Building in America.”
This seemed akin to, say, saluting BP for services to the environment or
praising Facebook for its commitment to privacy. During the past decade,
Citi has become synonymous with financial misjudgment, reckless lending, and
gargantuan losses: what might be termed asset denuding rather than asset
building. In late 2008, the sprawling firm might well have collapsed but for
a government bailout. Even today the U.S. taxpayer is Citigroup’s largest
shareholder.
For years, the most profitable industry in America has been one that doesn’
t design, build, or sell a single tangible thing. PRINTE-MAIL
Read more http://www.newyorker.com/reporting/2010/11/29/101129fa_fact_cassidy#ixzz1am2c3Lj0
