I don't remember the 80's well enough through the fog to fully have the 'Greed' decade details fully in my grasp, but this time around Wall Street seems to have a kind of Kabbalah ish faith in esoteric numbers and their personal significance to ones fate. By this I mean that exotic derivatives seem to have bewitched the insiders in the financial system into ignoring any kind of rigor and not looking at all into the big picture asrelates to what these financial instruments really meant in a world of bread and bricks....One can get far from any reality grounded in air, water, earth, food, warmth in those Manhattan canyons
P.S I think the old jumping tradition was partly grounded in some vestige of shame over what financial crashes meant to the 'little people', the oft cited widows and retirees that hand their nest eggs over to the 'big people' on the Street for safekeeping and husbandry. The 'big people' haven't fallen on their swords in American for some time now, they are gently wafted away on Golden Parachutes. This seems to have been why the first attempt at a bail out was rejected - too many people got mad thinking about all those golden exits from the ruins...
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I don't remember the 80's well enough through the fog to fully have the 'Greed' decade details fully in my grasp, but this time around Wall Street seems to have a kind of Kabbalah ish faith in esoteric numbers and their personal significance to ones fate. By this I mean that exotic derivatives seem to have bewitched the insiders in the financial system into ignoring any kind of rigor and not looking at all into the big picture asrelates to what these financial instruments really meant in a world of bread and bricks....One can get far from any reality grounded in air, water, earth, food, warmth in those Manhattan canyons
P.S I think the old jumping tradition was partly grounded in some vestige of shame over what financial crashes meant to the 'little people', the oft cited widows and retirees that hand their nest eggs over to the 'big people' on the Street for safekeeping and husbandry. The 'big people' haven't fallen on their swords in American for some time now, they are gently wafted away on Golden Parachutes. This seems to have been why the first attempt at a bail out was rejected - too many people got mad thinking about all those golden exits from the ruins...
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