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But the only green shoots that many non-Wall Street types have seen lately are the weeds sprouting in the parking lots of abandoned malls. Unemployment is marching toward 10%, and house foreclosures are still rising. If you're a day late with your credit-card payment or overdrawn by...

Author: /time Magazine | Title: What's Still Wrong with Wall Street | 10/29/2009 | See Source »

Without a doubt, the financial meltdown and its ensuing horrors began on Wall Street. However, Main Street is not a totally innocent lamb in all this. Yes, the greedheads tempted us with mortgages and other products we couldn't afford. But you could have said no, as many of us...

Author: /time Magazine | Title: What's Still Wrong with Wall Street | 10/29/2009 | See Source »

3) Put not your faith in the Fed or Uncle Sam. During the 1982-2000 stock-market boom and the long economic expansion, people foolishly began to think that government officials like former Fed Chairman Alan Greenspan (formerly the "Maestro" and the man who helped save the world, now Alan...

Author: /time Magazine | Title: What's Still Wrong with Wall Street | 10/29/2009 | See Source »

4) And for heaven's sake, don't put your faith in Wall Street. Never, ever. Left to its own devices, the Street will go to excess, as we've seen from two bubbles (tech stocks and houses) that have burst within the past decade and two more that are...

Author: /time Magazine | Title: What's Still Wrong with Wall Street | 10/29/2009 | See Source »

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Author: /time Magazine | Title: Information Economy May Shrink the Rich-Poor Gap | 10/29/2009 | See Source »

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