Wall Street Bankers are back making Millions

While the average man-in-the street are losing their jobs, their homes and their self-respect. It is in the financial sections for the papers I am reading on my way up to Seoul. Something is wrong with this picture and yet this is happening in US today. The top 5% is making more than 80% of the wealth created.

In 1935, Bertrand Russell observed that "if business men really wished to grow rich more ardently than they wish to keep others poor, the world would quickly become a paradise".

So much for capitalism. It is all about greed and winner-gets-it-all mentality. I am strongly influenced by American thoughts and leadership philosophy. I loved American authors as they present ideas and arguments well. It is easy reading compared to British authors who tends to be dry and constipated making reading a chore and difficult to understand, forget about absorbing their ideas.

For all my pro-American orientation, I do think there is something wrong when CEO get rewarded multi-million pays after having poor performance and put thousands of worker out-of-work. HP CEO Hurd is a prime example. American way is getting screwy...