“The whole system is way out of balance. Way too much testosterone and not enough estrogen. Our corporations, financial institutions and government. This is true for business, finance and our government. If we had a more evenly distributed mix of male and female decision makers we would not be in the mess (and that is putting it mildly) that we are in now.”
TarzanWannaBe on Feb 23, 2012 at 11:25:35
“Hmm, you do realize that both testosterone and estrogen are shared by both men and women, and that they are simply molecules, not socio-political statements?”
“If I ate 3 'square' meals a day I would never get anything done. As it is I usually eat standing up or while I'm driving. Would be an entire lifestyle change. While I eat healthy food, I am in pretty good shape.”
“Yes infact they did. So did the net capital rule which limited leverage to12 - 1. That crule was eliminated in 2004. 3.5 years later it was all over. If Glass Steagle and the Net Capital rule remained in force this crisis would not have happened .”
“Working together like we did on 9/11 is clearly the answer. At the end of the day, all of us want the same things out of life. We want to be loved, respected and secure. Seems to me this makes us all more alike than different. Recognizing this is the first step to shifting the direction we in this country are going. Great article...”
“Your historic perspective is always valuable. I agree the more the OWS ers get pushed around the more powerful they will become. The conversation needs to continue. It will not go away. That is good.”
“Rasanath Das had the courage to ask the questions and act on the answers he received; certainly a rare quality to say the least. We need more people like him to summon up the courage to at least begin to ask the questions. I believe there are many more people with his character in the business. We need to give them a voice. I suggest we print out 100,000 copies of this article and place them on all the desks at the big shops. You never know, maybe there are a lot more people that feel the way RD does and will start the dialog inside.”
“There are a lot of people who have no idea how the system works. They have become too content to let others run for them. Hopefully this ongoing crisis will serve as a wake up call to the larger population to become eduacted about the financial services industry and how it is directly tied to each of our lives. Knowledge IS power.”
“When I got out of college I had many options open to me. Not the same scenario for the young college educated protesters. I did not have to witness my friends and family lose their jobs, homes and security. I admire what they are doing and agree with what they stand for. Fairness and justice across the entire democratic and economic spectrum is something we should all be rallying for. I’m sure they will come through this difficult and challenging experience with some real insight to sustain a better future for all of us.”
“God Bless you Sir from the bottom of my heart. I respect and admire what you did for this country. Many of my family members served in the Marine Corps, the Air Force and the Army.
I am a Volunteer Fireman since September 11th. A choice I made. You Sir made a choice which I respect and admire--especially for a Genx er. However....It was a choice. we do not have a draft system in this country.”
“Thanks Monika Mitchell for clearly articulating the issues at hand regarding OWS. The historical framework provides excellent perspective.
This all began in the mortgage securities sector which is only one part of a very large and diverse financial services system. Everyone involved wanted to make money either by selling loans and securities or by selling or refinancing their homes. Safe to say that all parties were looking to prosper in whatever way they could. Seems to me we need to start having a conversation about value and the prosperity that comes from it. The connection between Wall Street and Main Street has become painfully clear over the past 3 years so the construction of the bridge you suggest we build between the two should begin now.
I am hopeful that OWS will begin the conversation that we all need to have to restore this countries balance and refocus its priorities from short term gain to long term sustainable prosperity.
Your comments from the Wall Street executives like Schlostein and Peterson are appreciated.
Your balanced view taking into account both sides and the past is refreshing.