This is a great read. If it doesn’t make you want to take up your pitchfork, you might need to get your blood pressure (or bank balance?) checked:
“I think he doesn’t have an appreciation for how hard it is to build these companies, the blood, sweat, and tears that goes into them,” says a senior executive from a failed Wall Street firm.
Oh, the delicious irony. As Taleb is found of saying, the banks have never made any money. Profits from one period are eaten by the losses from another. The bankers are just skimming off the top.