financiers

[Johannes Schneider]

Doug Henwood quoted:
> New U.S. Treasury Secretary Paul O'Neill in a WSJ interview:
>
> "I just don't understand what that conversation is about,"
> he said, describing some financiers as "people who sit in
> front of a flickering green screen ... and they make
> decisions on a carefully constructed, but nevertheless
> speculative, basis about three-basis-point movements."
> Though confessing that "I don't know how to do that,"
> he quickly asserted that "I probably could learn in about
> a couple weeks." Those traders, he said, "are not the sort
> of people you would want to help you think about
> complex questions."
>

Do I hear the distinction between 'bad' speculative capitalists and 'good'
productive capitalists?

Johannes