On Tue, Jul 20, 2010 at 9:59 AM, c b <[email protected]> wrote:
> I think the Senator Ted Kaufman reports that five Wall Street firms'
> business constitute 60% of GDP.
>


That doesn't seem right. How exactly does he measure "Wall St business"?

I have heard estimates that finance (including insurance and
real-estate not just "Wall St") accounted for >40% of all corporate
profits at its peak, but I assume that this has corrected somewhat in
the last 2 years.
-raghu.


-- 
"It's going to be fun to watch and see how long the meek can keep the
earth after they inherit it."
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