Will investment bankers turn out to be the dogs......or will remain the stars?

Question

Will investment bankers turn out to be the dogs......or will remain the stars?

Answer 1

mostly I think they would better be classified as pigs, many rather stupid ones at that aka Bear Stearns, Citigroup, Merrill Lynch to name 3.

Answer 2

Depends on who you talk to.  To politicians and the average consumers (who is 1/2 to blame), the answer is dogs.

To I-bankers -- in their eyes they will be the stars.  

Personally, I think there are some bad guys on the street, but not as many as the media and others would have you believe.  I-banks provide liquidity to the markets and hence help stabilize the markets.  The same goes for Hedge Funds.  Some people in these industries will s***w up markets, but this is not indicative of the industry as a whole.  

So I vote somewhere between the two choices.   They shouldn't be stars, but not all are dogs, either.

Answer 3

I think there will always people who are too lazy (or maybe stupid) to manage their own finances, so there will always be a place for investment bankers, mutual fund brokers, etc.

Answer 4

Hard to say how people will THINK of them. The problem is they take a percentage. They are like bookies. They get a cut no matter if you win or lose and don't really care, other than the fact losers tend to go elsewhere.