Wall Street’s Casino Attitude, Questions and Answers: Wall Street’s Business Model Incites Greed, Cowboy Investing, Lack of Risks, Push for more Profits and More Borrowing (Leverage)

Wall Street is not what it used to be. Some of the buildings are still there. However, everybody from company directors to ground crew, traders, brokers and customers is running scared. Wall Street as we knew it is having huge problems. Consisting of giant investment houses, brokerage firms, hedge funds and “private equity” firms, Wall Street business model has come under huge assaults from greedy traders and management directors who thought that risks were to be handled differently in their quest for more and more profits.

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