My response to Paul Krugman's Wall Street Vampires editorial is that they are a bunch of losers.
Rather than call Wall Street vampires. call them for what they really are: losers. After 2008 any informed corporate finance officer and local government entity in the world receiving a call from a Wall Street banker with a solution to some made up risk hangs up the phone. The only customers left are those stupid enough to believe, other big banks.
The Market is walking away from the ersatz financial products that Wall Street foisted on corporations and municipalities so that no matter what is spent for lobbyists to de-fang Dodd Frank, nobody wants to buy the "heads I win, tails you lose" crap they offer.
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