[gech]

Young bright people diverted to work on eeking out higher margins for the capital class instead of...anything else.

[kasey_junk]

Even if you think the machinery of trading is a negative (I don’t) that’s no argument against firms like this. If anything it’s an argument for them as these firms do the same thing as their predecessors at lower margins and with fewer people.

The empty trading pits in the South Loop Chicago and all those new condos downtown NYC are a testament to that.