I don't think that comment is a slam on the idea, just the likelihood of it coming to pass. I expect Wall Street to screw everybody for profit, and I expect mo

I don't think that comment is a slam on the idea, just the likelihood of it coming to pass. I expect Wall Street to screw everybody for profit, and I expect most businesses everywhere do it to the best of their ability. Wall Street is just more able. I read that as the author longing for that fresh optimism to think that Wall Street could be changed. I agree that if it ever were to change, it would be because (shareholders, the SEC, Congress) changed the incentives. For instance, bonuses and commissions held in escrow and then normalized based on actual vs advertised performance. Rating agencies may only accept payment from sellers or buyers but not both. Etc.