The weight of blame
The public's perception of banks has hit rock bottom, and politicians have pounced on the opportunity provided by the crisis to increase their own popularity. So banks face not only loss of business but also increased regulation.
In an article that has become notorious for its description of Goldman Sachs as "a great vampire squid wrapped around the face of humanity", Rolling Stone's July issue accused the bank and its alumni of manipulating policy and markets to enrich themselves and impoverish everyone else. The 12-page feature might have been a lurid assault on the banking industry, but it shouldn't have come as a shock
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