1.03.2013

It's the plumbers again

"When we asked Dane Holmes, the head of investor relations at Goldman Sachs, why so few people trust big banks, he told us, 'People don’t understand the banks,' because 'there is a lack of transparency.'…He is certainly right that few students or plumbers or grandparents truly understand what big banks do anymore.

The Atlantic

Incidentally, somebody once said that a successful society needs both great philosophers and great plumbers, because without them neither their theories nor their pipes will hold water.

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