Comment on Wall Street Throws A Party But No Customers Show Up

Wall Street Throws A Party But No Customers Show Up

Without a recovery of the securitization market, banking profits and industry employment will be under continued negative pressure. Structured finance was one of Wall Street's gooses that laid a lot of golden eggs but now is all but dead. As this quarter's disappointing earnings announcements show, it's going to be a long time before banks and investment banks to replace this lost source of profits.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News