There’s a lot of talk these days about “reforming” the way business is done on Wall Street with more regulation and greater transparency. And sure, some real changes are coming. But when the smoke clears and the mirrors are put away, how different will things really be?
Washington’s Moves To Reform Wall Street
When Wall Street gamesters over-reach,
Their false promises clear to gainsayers,
And greed and cons that built Street wealth
Are revealed, stacked layer on layers;
Then anger grows and officials swear
“We will punish these gross betrayers;”
But the cure’s dealt from the same old deck,
Shuffled by the same old players.