Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Of course it's worthless. They're effectively a parasite class, they exist to direct money to themselves under the guise of directing it where it's needed. They are so far removed from any/all productive work that the whole thing's laughable.


You don't know much about the finance industry I take it?


Depends if by "know much about" you mean "love unquestioningly".

In which case no, I don't "know much about" the finance industry.


Parasite class lends me to believe you think the finance industry holds no value whatsoever.

If you're ever in the position to run a large corporation and need to raise money publicly, you're free to sidestep the banks and do it yourself. You'll probably get a sense of the value they offer at that point.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: