Kevin Roose writes: So pull yourself together, financiers,
and trust that things aren't so bad. Because you're rich enough, you're smart
enough, and doggone it, (a few) people (sort of) like you. We would like to present the wizards of Wall
Street with five reminders of just how good they have it, in the hopes of
restoring their battered self-esteem and stopping them from acting like whiny
losers:
1. You're winning the regulation game.
2. You're still making bank.
Yes, there have been layoffs at financial firms. Lots of them. And yes,
nobody's making as much as they did in '06. But for the bankers who remain
employed, life is pretty good. Bonuses are recovering from their post-crisis
lows,…
3. The Fed is making
your job easy. When Fed chairman Ben
Bernanke announced QE3 last month, many Wall Streeters were beside themselves
with joy. Stocks soared, animated GIFs were passed around trading floors, and
for a moment, the sun was shining. These revelers knew what many on Main Street
don't: that programs like QE3, while nominally constructed to alleviate
unemployment and encourage spending among the masses, almost always buoy Wall
Street too…..
More? Check out http://nymag.com/daily/intel/2012/10/cheer-up-wall-street.html
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