"If you want to understand Wall Street, this little clip will explain it quite well. Alex Pareene somehow landed on a CNBC segment with Maria Bartiromo and Duff McDonald. The ensuing hilarity is, on some level, not hilarious but instead pathetic.
What's instructive about this segment is the disconnect between the Wall Streeters and the rest of us. Pareene laid it out quite well at the beginning of the segment where he said Jamie Dimon should be fired from JP Morgan simply on the basis of the fines and regulatory levies against the bank. McDonald and Bartiromo were shocked -- SHOCKED -- because...profits."
