Record Profits on Wall Street & Jon Stewart’s Take on It

NYT: Wall Street on Track for Record in Profits

Fueling the gains were extraordinary profits from the firms’ own securities trading accounts as they borrowed at near-zero interest rates and put the money to work in the securities markets. Member firms on the New York Stock Exchange earned a record $35.7 billion for their broker-dealer operations in the first six months, $8.9 billion more that the previous high in 2000, the state comptroller said.

1-13-10 The Daily Show on Wall Street Bonuses

"Let me get this straight, the only people who have recovered from the financial meltdown… are the people who caused this financial meltdown," said Stewart.

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