There are many issues with Wall Street but all you folks need to consider something- people have their financial futures in Wall Street. Retirement funds, college savings funds, you name it- Occupy folks hate Vanguard or Fidelity but if those two stop making money I stop making money from the mutual funds I have in each... if Raymond James went under my annuity is gone and guess what- I have to sell off either my valuables or some land that was bequethed me by a dear friend and I cant pass either off to my kids
I undertsand people want to regulate Wall Street but wanting Wall Street to do poorly is naive when millions of Americans are counting on Wall Street to do well so their investments cangive them a better life
I agree that those who want Wall Street to do bad don't know what the hell they are talking about. That being said some smart regulations may be needed, and most of all, banks need to pay for their own bailouts by paying into some sort of a bailout fund. I think that is what banks are most hesitant to do when it really makes the most sense. If they want to take great risks with that much of OUR money, they should also back themselves up.
