The Whiteboard: Why the big banks are like pinscher puppies
Thanks to the financial crisis, the banks are hanging their heads a bit now, like a dog that realizes that its owner is enraged by the destruction of the sofa. Warren knows this is an opportunity for the government to get Wall Street under control again, and put the appropriate boundaries in place. Like us, she’s on the march, and rightly so. Unfortunately, also like us, she’s sending her message in the wrong direction. Washington should be the object of her anger, not Wall Street. Because shouting at the banks isn’t going to help: the dog ain’t gonna put the leash on itself.