Re: econ #1

"nicholas a. evans" <[email protected]>
Newsgroups gmane.music.dadl.ot
Message-ID <[email protected]>
On Wed, Dec 15, 2010 at 12:08 PM, Bruce Geerdes <[email protected]> wrote:
> everyone in the circle *does* provide services or goods. I noticed
> there were no bankers or fund managers in there. ;)

Well, banks and funds *do* provide valuable services to their
depositors and investors (as well as their borrowers and shareholders
and the companies in their portfolio), at least in theory.

Whether providing value is their focus or in proportion to their
compensation is another matter entirely.  As is whether they use their
positions of power to cheat and swindle those they are supposedly
servicing.

-- 
Nick

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