“We need to get beyond the conversation of ‘Is Wall Street - TopicsExpress



          

“We need to get beyond the conversation of ‘Is Wall Street evil? Are the bankers evil and causing pain?’” Bartiromo insisted. “And toward the conversation of how do you create sustainable economic growth. That will answer the issue of inequality. Because with growth, come jobs.” “I couldn’t agree more,” Paulson said. “I mean, to me, that’s what it’s all about is sustainable economic growth.” Frank interrupted with a simple question: “I do want to add one thing to your point about those poor, beleaguered bankers, who have been forced to do so much that they can’t lend money. If they really are running businesses that are so stressed that they can’t do their basic work, why are they paying themselves so much money?” “Where did these enormous salaries come from if they were, in fact, such serious trouble,” he asked. That query was met with several seconds of awkward silence as members of the panel looked at each other nervously.
Posted on: Mon, 16 Sep 2013 14:58:27 +0000

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