"Women will henceforth make all Wall Street trading decisions."

Wall Street Wishes

#Money

Tue, Dec 23rd, 2014 11:00 by capnasty NEWS

On Bloomberg View, Michael Lewis provides a list of holiday wishes in order to make Wall Street "even better."

Men are more prone to financial risk-taking, and overconfidence, and so will be banned from even secondary roles on Wall Street trading desks -- though they will be permitted to do whatever damage they would like in their private investment accounts. Trading is a bit like pornography: Women may like it, but they don't like it nearly as much as men, and they certainly don't like it in ways that create difficulties for society. Put them in charge of all financial decision-making and the decisions will be more boring, but more sociable. Of course, this raises a practical question: How will our society find enough women older than 35, with no special intellectual ability, to fill all of Wall Street's trading jobs? Well ...

  777

 

You may also be interested in:

The Big Mac Index
Retailers abandon Detroit
U.S. National Debt Soars Past $13 Trillion
Canada Ditches the Penny
Where Has All the Money in the World Gone?