25 7 / 2012
"Another former Goldman Sachs partner, Robert C. Jones, mourned the loss of the joys of experimentation in banking. “You’re not going to be able to attract the same kind of creative people that are looking to develop innovative new strategies in an environment where innovation is frowned upon,” said Jones, 55, who helped found and lead the bank’s quantitative equity-fund-management unit before leaving in 2010. “The increasingly detailed and micromanaged regulatory environment has taken a lot of the fun out of the game."
Doesn’t your heart just bleed.
Bloodied Trader Pines for Risk as Wall Street Retreats - Bloomberg
-
myhandmadejewelry likes this
-
wolfrhamhart reblogged this from planetmoney
-
darthautumn likes this
-
bernardkasparas reblogged this from felixsalmon
-
callmecoco reblogged this from planetmoney
-
alexroseinnes reblogged this from felixsalmon
-
progeneering reblogged this from planetmoney
-
steevhahn said:
GOOD put the creative people in fields like architecture, math, physics, engineering….anything else!
-
petersheik likes this
-
ca-thar-si-s likes this
-
vlad143 likes this
-
buchino likes this
-
moksanity likes this
-
callmecoco likes this
-
ekphrases reblogged this from planetmoney
-
safedepo likes this
-
stolentree321 likes this
-
fatmanatee likes this
-
sboyar reblogged this from planetmoney
-
twenty-first-century likes this
-
planetmoney reblogged this from felixsalmon
-
okorogariist reblogged this from shorterexcerpts
-
okorogariist likes this
-
abelson likes this
-
seanbohan likes this
-
execgate reblogged this from felixsalmon
-
shorterexcerpts reblogged this from felixsalmon
-
shorterexcerpts likes this
-
thatwhichis reblogged this from felixsalmon
-
thiscaledonianlife likes this
-
felixsalmon posted this