A number of comments have hinted at it, however, I think that the key issue with the article is that it does little to break down Wall St. as a career as oppose

A number of comments have hinted at it, however, I think that the key issue with the article is that it does little to break down Wall St. as a career as opposed to Wall St. as a mis-regulated industry. I would agree with Ben that many in the startup community focus far too much vitriol against the profession of a financier on the Street. There is significant value in facilitating financial allocation and increasing market efficiency. However, given the financial regulatory environment that has not allowed banks to fail, I think that it is legitimate to take issue with the fact that Wall St. as an industry is far too large and riddled with players that should have been washed out by both the S&L crisis as well as the most recent financial fracas.