
Check out this photo essay on refugees in Southern Somalia: "No Place to Hide." So dismal.
A News Blog by Ross Johnston
Dr. Daniel E. Fass, another chairman of the event who lives surrounded by financiers in Greenwich, Conn., said: “The investment community feels very put-upon. They feel there is no reason why they shouldn’t earn $1 million to $200 million a year, and they don’t want to be held responsible for the global financial meltdown.” Dr. Fass added, “How much that will be reflected in their support for the president remains to be seen.”
"Thus, at the heart of the financial system, now sits a professionals-only, high-risk Wall Street firm with its own private equity and hedge funds arrayed on top of a nonpareil corporate and government client list, which taxpayers reasonably assume is gambling with their money.
You do not have to be a vampire squid-style conspiracy theorist to see the difficulty. Goldman wants to carry on as its old self (but bigger) in a world that has changed."
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