Wall Street financial activity represents the only industry in which a top player can literally fall on his or her face and misbehave, short of having to go to jail for years. Or perform a job miserably, or lose billions of dollars of investor funds owing to poor judgement. And, where, in a short while, all will be forgiven.
I don’t know any other business where this is possible.
Many top investment managers who have lost tremendous amounts of their clients’ funds have come back with new operations, fresh funds, and eager investors, many of whom have been previous losers. It’s hard to keep count
Only in the Wall Street top-level community of movers and shakers,
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