Next Steps: Visualizing Where Wall Street Went Next; Surprise - It Was Wall Street
Dealbook has compiled one of the best visualizations of the tangled web of where Wall Street's brass ends up after leaving their existing company a bailout burden to US taxpayers. Instead of facing perp walks, all the same players have merely engaged in the next round in the game of Wall Street musical chairs, and simply switched their corner offices: after all who is quite as qualified to lead the US economy into the abyss one more time? Is it any wonder then that as all the same people who got us in this mess are still busy collecting billions in bonuses, that the US economy and stock market will be led to yet another historic crash?
h/t Chris Whalen