Reply #11: thanks for clearing the traders and not bankers up [View All]

[dd2003]

It annoys me to no end on here to see all wall street characterized as the same...I bankers are mostly 100 hour a week slaves to excel and powerpoint not ruining the monetary system and get bonuses at the end of the year. But I still continue to see hate for bankers on wall street. The people causing your foreclosure is some guy in a back room at your local bank, not an ibanker on wall street. They do not deal with mortgages, they are sell side. The Traders on the other hand are complete machines that have the income made up of almost all bonus so they take extreme risks to make more money as the more money they make the company the more money they make and if shit hits the fan and the "lil" gets hurts then too bad...I really think they should regulate the hell out of trading as it sure is not a fair game, its corrupt, and its killing the American economy with how they can manipulate any stock, commodity, or even currency.