I am reading this article on the potential US bank exposure to the EU banking crisis, and I can not help but to agree with the theme of the protests from #occupywallstreet.
See, this article highlights the fancy, twisted lingo and obscure numbers bankers use to show how there is actually less risk than what is stated. If bankers were more transparent from the get-go, the tongue twisting would not be necessary.
Bankers do routine business in a a maze of confusion. The #OccupyWallStreet crowd is saying the same thing the equity markets are saying (as reflected in the massively discounted stock prices), stop the bullshit.
If the CEOs of financial institutions want higher stock prices, they would be wise to consider a far more transparent philosophy.
Just an obvious and simple thought, one that my be to simple for complex CEOs to grasp.