True Leader, Volcker
I like this piece by Volcker.
He questions that the financial sector takes 40% of all corporate profits. He puts forth what ought to have happened to truly justify such a stellar rise in profits:
Can the truly enormous rise in the use of derivatives, complicated options, and highly structured financial instruments really have made a parallel contribution to economic efficiency? If so, does analysis of economic growth and productivity over the past decade or so indicate visible acceleration of growth or benefits flowing down to the average American worker who even before the crisis had enjoyed no increase in real income?
We can all answer this question as monolithic NO. Indeed, we've seen quite the opposite. It has been a long time since there was such a gross rape of society by an industry, and perhaps this is the largest and most vile rape of society.