Bloomberg/Business Week publishes a highly complimentary article on OWS

[banned from Kos]

General theme - you better listen to OWS.

The Occupy Wall Street protests have proven more organized, disciplined, durable, and yes, businesslike, than critics—and even many supporters—might prefer to believe. There is, for a start, plenty of free food; nobody is condemning the financial sector’s excesses on an empty stomach. Organizers send out a barrage of tweets, updates, and press releases on laptops powered by portable gas-powered generators. The protesters have published their own slickly designed broadsheet, the Occupied Wall Street Journal, and handed it out to the throngs of reporters, cops, students, nurses, teachers, truckers, union leaders, military personnel, and myriad curiosity seekers who have converged on the steps of the New York Stock Exchange. The paper’s lead story began with a virtual declaration of victory: “What is occurring on Wall Street right now is remarkable. For over two weeks, in the great cathedral of capitalism, the dispossessed have liberated territory from the financial overlords and their police army.”

http://www.businessweek.com/finance/wall-street-heal-thyself-10062011.html



The article concludes with some sage advice:

So here’s a message for Wall Street: heal thyself. The history of American business is rife with examples of industries that failed to respond to public pressure and instead had reforms imposed on them. The banks can start by rolling back things like Bank of America’s recent introduction of monthly fees for using debit cards. They could place limits on executive bonuses. And they could write off mortgage debt that almost surely won’t be paid back anyway.

Perhaps more important, Wall Street could stand to show more humility. Far from expressing contrition for their role in the economic collapse of 2008, the country’s largest financial institutions have spent millions trying to dilute such reforms as Dodd-Frank. “They have been very successful at fighting reform and watering down key components,” says West. “This is the backlash towards that kind of behavior.”

Surprised?

[Dover]

1. And here's one for politicians. Just say "NO" to Wall St. bribes for your votes,policies, and soul.

It takes two to tango.

[NJCher]

2. yeah, nice thought, but...

These people are incapable of healing themselves because they think there's nothing wrong with what they're doing.

After they were bailed out with our tax dollars, an NPR reporter went around interviewing various Wall Street employees and company owners about it. Their attitude? It was the right thing to do. They were going down because of excessive government regulation. Roll back the regulation and they wouldn't be going broke.

Now how far removed from reality is that?

And this reporter thinks people who think along these lines can regulate themselves. Never happen.


Cher

[snappyturtle]

3. Bloomberg/Business week article is a desperate attempt to cloak

Wall Street's evil ways....it's like: "We're not so bad...really." I don't trust them. They're scared, as they should be.

[butterfly77]

4. Well,it is getting more and more apparent everyday that...

THEY ARE SCARED AS HELL!!!:scared: :scared: :scared: