Page 5 - Jonathan Margolis News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> jack: welcome to the broadcast. to want, michael lewis, author of the new book "the big short, it chronicles wall street's financial crisis through the eyes of some people who saw it coming and the question is why didn't? >> they aren't creators of wealth, the people on wall street. that's right. and they're supposed to have... they're supposed to have a useful symbiotic relationship with productive enterprise, not a destructive one. i mean, again, if you back away from it, what are these people on wall street supposed to do? they're supposed to allocate capital. they're supposed ...

>> jack: welcome to the broadcast. to want, michael lewis, author of the new book "the big short, it chronicles wall street's financial crisis through the eyes of some people who saw it coming and the question is why didn't? >> they aren't creators of wealth, the people on wall street. that's right. and they're supposed to have... they're supposed to have a useful symbiotic relationship with productive enterprise, not a destructive one. i mean, again, if you back away from it, what are these people on wall street supposed to do? they're supposed to allocate capital. they're supposed ...

>> jack: welcome to the broadcast. to want, michael lewis, author of the new book "the big short, it chronicles wall street's financial crisis through the eyes of some people who saw it coming and the question is why didn't? >> they aren't creators of wealth, the people on wall street. that's right. and they're supposed to have... they're supposed to have a useful symbiotic relationship with productive enterprise, not a destructive one. i mean, again, if you back away from it, what are these people on wall street supposed to do? they're supposed to allocate capital. they're supposed ...

>> jack: welcome to the broadcast. to want, michael lewis, author of the new book "the big short, it chronicles wall street's financial crisis through the eyes of some people who saw it coming and the question is why didn't? >> they aren't creators of wealth, the people on wall street. that's right. and they're supposed to have... they're supposed to have a useful symbiotic relationship with productive enterprise, not a destructive one. i mean, again, if you back away from it, what are these people on wall street supposed to do? they're supposed to allocate capital. they're supposed...