Network News

X My Profile
View More Activity

The kingdom of Goldman and Morgan

Steve Pearlstein tells Wall Street a bedtime story.

By Ezra Klein  |  October 30, 2009; 8:46 AM ET
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   StumbleUpon   Technorati   Google Buzz   Previous: The beginning of a Republican split?
Next: Fall back (to bartering)


You know, as a general rule, I tend to think it's a good thing when employees get to do well for themselves and strengthen their bargaining positions vis a vis their employers. If an employee generates $50 worth of revenue they don't have some sort of moral obligation to ensure that their employers can skim off $40 of it instead of $25. I'm not sure this is the right way to look at what's gone wrong on Wall Street.

Posted by: adamiani | October 30, 2009 9:39 AM | Report abuse

The comments to this entry are closed.

RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company