Wall Street Ends Crazy Year With Existential Angst and Big Bonuses

Bloomberg

“Veterans of past Wall Street booms suggest that, somehow, this one doesn’t feel so good… One problem [with the culture of Wall Street], suggested veteran dealmaker Valerie Red-Horse Mohl, is that bankers focus on net-worth rather than meaning. “We’ve lacked a sense of community engagement and sustainability on Wall Street for over a century,” said Red-Horse Mohl, who’s now chief financial officer of East Bay Community Foundation. Finance executives know subconsciously that widening inequality is a crisis, she said, and “it cannot keep getting worse.”

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