Its Called Making a Living

The folks at Reuters who came up with the for an article on the bankers competing for the GM IPO are clueless (From fear to greed, banks jostle for GM deal.). The employees who work at the banks competing for the business are trying to win. Nothing wrong with that, is there? No.

For the folks in the 9.6% unemployed hell, it’s the attitude from the Reuters’ folks that contributes to impeding a full economic recovery.

Interestingly, the rewards are not high $$$ fees, but “bragging rights” and “league tables story”, i.e., reputation.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s