01 January 2017


Wall Street paid out $18 billion in year-end bonuses last year [2008] to its New York City employees, after the government disbursed $243 billion in emergency assistance to the financial sector.
Mr. Johnson's article is now over seven years old but it is still instructive on the unhealthy power of the financial sector in the U.S.

"The Quiet Coup." By Simon Johnson, The Atlantic, 5/09.

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