From Market Watch:
In retrospect, all of that bailout money should have been earmarked for Wall Street bonuses. Without deep cash, your bankers are probably considering jumping to more lucrative jobs elsewhere, perhaps in Major League Baseball or playing the lottery. They’re not focused on stabilizing the financial system, and the resulting problems are our fault for questioning you. Understand that we don’t get paid the big bucks for a reason.
No, we just have our shrinking 401(k)s, our individual retirement accounts and maybe, if we’re lucky, our homes. We’re too dense to see how bulletproof the financial system is and really no amount of taxpayer support could ever pay you back for all of the good times we’ve had during the last two years.
So, Wall Street, forgive us for our meddlesome ways. Forgive us, and Paul Volcker, for wanting a return to boring old banking. Forgive us for the sarcasm.
Most of all, forgive us for ever trusting you in the first place. Link to article…