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Forum Post: What is the best explanation you've seen about how Wall Street makes money?

Posted 1 year ago on Dec. 22, 2012, 5:48 p.m. EST by toobighasfailed (117)
This content is user submitted and not an official statement

The question is pretty self-explanatory. I'm looking for a presentation that illustrates the entire process of investors funneling money through Wall Street, then traders funneling the money from there, etc.

11 Comments

11 Comments


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[-] 2 points by beautifulworld (20418) 1 year ago

http://www.davidmcwilliams.ie/2012/01/30/punk-economics

The above video gives a great explanation of European debt and came a long time ago here on the forum courtesy "nucleus" who made many excellent posts on this type of thing.

[-] 2 points by DKAtoday (33128) from Coon Rapids, MN 1 year ago

Bait and switch?

[-] 1 points by shadz66 (17765) 1 year ago

Compound Interest Bearing Usurious Debt & 'derivatives' thereof !!!

multum in parvo ...

[-] 1 points by stevebol (1232) from Milwaukee, WI 1 year ago

The 99% might play dumb to get by, the 1% plays dumb to get ahead.

[-] 1 points by shooz (26717) 1 year ago

Mafia loan sharks.

Don't pay the vig and your corporation will die.

[-] 1 points by Shayneh (-482) 1 year ago

Well you have to make a divide when it comes to wall street - are you talking about wall street banks, investment corporations, brokers, lenders - the list goes on and on.

Whom on wall street are you refering to?

[-] 1 points by toobighasfailed (117) 1 year ago

Good question. Primarily I'd like to see a good explanation of a derivatives transaction start to finish, showing where the money starts and where it goes and who the players are.

[-] 1 points by Shayneh (-482) 1 year ago

Brokers would be a start - from what I understand they only pay 15% on the profits and it's not called income.

If a person is in the broker business and that is his primary source of income then it needs to be taxed as income.

[-] 1 points by TrevorMnemonic (5827) 1 year ago

They profited billions after the first round of bailouts. Huge CEO bonuses.

They looted the treasury. They barely pay taxes. JP Morgan gets billions in subsidies.

I'd say corrupting our government which refuses to prosecute them for their crimes has been a huge way they've made money. Our monetary policy is solely based on giving the big banks money. Where do you think they got the trillions from in the first place?

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[-] 0 points by Theeighthpieceuv8 (-32) from Seven Sisters, Wales 1 year ago

You have to begin with corporate structure and changes to our view of the company over the past 30 years; it's a natural evolutionary process of economy.