Former Goldmanite Slams Wall Street’s Hypocrisies – Cronyism, Corporate Welfare and Systemic Incompetence

A man with a conscience.  Not a conscience determined if someone is watching but someone who wishes to see the world become a better place…  and make money selling a book in the process.  Haha.  All joking aside, only Emanuel Derman knows what his intent is but the article is a worthy read and supports what we have always said.  That is, quantitative finance and Wall Street’s associated betting parlor are illusions that are going bye bye.