WHY HOLLYWOOD is demonizing businessmen. “Nazis are getting old, moviemakers don’t want to offend foreign audiences, so corporate types top the list of evil stereotypes.”
UPDATE: A reader from Taipei writes:
Wall Street is no longer the sole playground of rich American white boys of the upper crust. The senior management of every bank on the street is more diverse than most university administrations. I do not think the Indian, Chinese, Russian, Japanese, and many others are all that thrilled with being the whipping boys for the American left. It is not an automatic that expansion means adding headcount in NYC. And if this continues I think in a year or so we could see banks deciding that all Wall Street gets is a trading floor. I mean if CNBC can sit in New Jersey why can’t Merrill Lynch or Nomura sit in Charlotte or Knoxville. You can do most of what you need to do outside of NYC now, why deal with NY lawyers, Attorney Generals, and now smelly people blocking your way to work?
I expect this is already a marketing line from Hong Kong, Singapore, and soon to be from Knoxville, Dallas, and other palces that seek to attract business rather than rant about it..
Yeah, and there’s no real reason not to move the trading floor, either.