CQF - June 2011

Ex-Lehman Brothers Trader: Only On Wall Street Could You "Get Paid So Much For Doing So Little"

Paul Woolley, who founded a center at the London School of Economics that studies "capital market dysfunctionality," put it even more bluntly to the New Yorker in 2010.

"Why on earth should finance be the biggest and most highly paid industry when it's just a utility, like sewage or gas?" he said.

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