Wall Street Brokers Hold Political Rally to Save Status Quo

An outraged group of Wall Street brokers are finally fed up with feeling the government's oppressive boot on their necks, and they're getting organized to fight for their rights. Yesterday over two dozen brokers and traders held a rally to announce their new organization, Restore Wall Street, which is devoted to "bringing the pride back into Wall Street." You've got it all, Wall! Can a Fun Run be far behind? The rally/publicity stunt was held during lunch on the 23rd floor of 14 Wall Street, because, as one executive simply put it, "It’s cold out."

The Times called it the "best-dressed rally in history." With the White House pushing for new regulations and taxes on the biggest banks, and populist fury over big bonuses at a boiling point, the brokers are fighting back, and want everyone to LEAVE WALL STREET ALONE! Such hurtful things have been said about the financial sector lately, and market analyst Wayne S. Kaufman has had enough of the "infantile language" and the hate speech about "fat-cat bankers." At the end of the day," he tells the Times, "We’re citizens of the United States, too." And they deserve the same respect and rights as everyone else, (plus extra privileges).

And broker Johnathan McHale wants you to know he's not any "fat cat," he's a "strong cat" who's probably going to get an eating disorder thanks to all your nasty comments. McHale says that if anyone from the resentful rabble spent a week doing his job, that person would feel like "like a tired cat." In fact, McHale's so exhausted sometimes he falls asleep right inside his gold-flaked kitty litter box.

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By John Del Signore in News on January 28, 2010 10:20 AM

Comments [rss]

Theodore Wirth

Naa, naa, na-nanya, fat cat banksters . . .

GalBklyn

They just don't get it do they?

Much of the failures of our economic system are the direct result of activities of banks and broker dealers over the past ten years. When the mother of all cluster trades failed, middle america bailed them out.

Then they take all of the bail out money as personal compensation and claim they earned it.

The "wealth" which they claimed as been generated due to their efforts - for the most part - no longer exists for the clients they served. That and we are facing continued uncertainty as the one main driver of the economy - employment - is still far too low for our good.

Meanwhile, they have jobs, still experiencing life as it once was and care not a wit that unemployment is over 10% and many, many people are in such trouble that they may never recover.

No sympathy. At all. Looking forward to the continued modern day tar and feathering of the old time banking industry. And I'm done trying to explain this to them.

ides_of_march

A lot of these Wall St idiots are liberal democrats who supported Obama. They made a bargain with the socialist devil when they took the bail out money. I have little sympathy for these fools.

Amanda Harletsch

Who is opposing any regulation and actually promoting the rule of a failed status quo, republicans!

Kojak

Wait what?! You'd be surprised at the political affiliation of many Wall Street bankers. Believe me, if a Republican was in the White House, you wouldn't be hearing of as many ideas to penalize the banking industry as you have already heard from Obama.

Wza

In Brooklyn, we "tax" these folks.

JacqueMehoff

I think it's time for me and my friends to put some extra flavoring in some food.

Mr. Shankly

Thanks for the warning.

Waiter, I'll pass on the soup!

JacqueMehoff

we're also bartenders. love them gurls.

Greenpoint60

They are worried because their fucking jobs are being outsourced to India. It is cold out there today

books

make no mistake, the bonuses the executives make is the booty for outsourcing regular peoples jobs.

when the CEO of Citibank makes 30 million dollars its directly related to the 1000 people they fired in the US to move their jobs overseas. Its sickening how rampant this is. Its sickening the rich feel the poor should suck it up while they're gutting our country for a fast buck.

http://slashdot.org/story/09/08/22/1825208/IBM-Other-Multinationals-Detaching-From-the-US

"If you're brilliant, work really hard, and earn a world-class doctorate from a US university, IBM has a job for you at one of its US research sites — as a 'complementary worker' (as this 1996 piece defined the then-emerging term). But be prepared to ship out to India or China after you've soaked up knowledge for 13 months as a 'long-term supplemental worker.' Newsweek sketches some of the bigger picture, reporting that IBM, HP, Accenture, and others are finding it profitable to detach from the United States (even patenting the process). 'IBM is one of the multinationals that propelled America to the apex of its power, and it is now emblematic of the process of creative destruction pushing America to a new, less dominant, and less comfortable position.'"

Jim

Your comments about the rich benefitting unfairly from being born in the USA applies to all Americans, unfortunately. Sorry - the average American isn't entitled to being fat, stupid, lazy AND having a high paying job just because their American. Nor is the average Indian or Chinese destined to be poor because they were born in the wrong country.

books

whats your point?

americans are fat and lazy? Is that why we can't have healthcare? is thats why our ancestors worked hard, so that we can sacrifice their progress and compete like people in the 3rd world.

thats the choice. does america want to be 'socialist' like scandanavia..where wealth is spread around and people have healthcare, and a stable life or do we want to keep transferring the wealth to the rich and live like like a developing nation... Thats my point. Whats your point?

Jim

I would probably stop wasting my breath if I were you. It's pretty doubtful that you will convince anyone here that socialism and closed borders is the sure route to prosperity for the USA and it's not the forum for that discussion either.

books

The rich are just so smart, they deserve their money.

First they arrange to be born in the USA. Then they arrange to be born to wealthy people. Then they arrange for society to protect their property, while millions of people are using theirs jobs and homes. While thousands of others are losing their LIVES fighting wars so they can make more money.

Yeah, the rich deserve their money. They got money cause they're smarter than everyone else, right, its not like the system is favoring them.

course not.

http://www.youtube.com/watch?v=xN6nNJvbw3k

scrappymcgee

If you dont want these scumbags to make money STOP PUTTING YOUR MONEY INTO YOUR BROKERAGE ACCOUNTS/401K/IRA. They can't make money if they dont have money to lose.

Kojak

lol You'd think it would be that simple but its not. You have the option in moving your money into whatever funds you'd like in all of the plans you described, but the onus is on YOU to figure out where your investment would best serve you. That goes double for 401k.

Sketto

McHale says that if anyone from the resentful rabble spent a week doing his job, that person would feel like "like a tired cat."

I love this. The disconnect from reality on Wall Street is amazing. He actually thinks no one else could do his job. It must be sooo super confusing and serious that we wouldn't even understand.

Attention Wall Street: Working full days on the phone, in meetings and in front of a computer is NOT working hard. Try visiting America to see what working hard really is.