Populist Rage, Pitchfork Media, II : Planet Money A call for simple math from American banks.
NPR logo Populist Rage, Pitchfork Media, II

Populist Rage, Pitchfork Media, II

Red Hook, Brooklyn Christopher DeWan hide caption

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Christopher DeWan

Today's populist rage is brought to you by Andrew Ross Sorkin, in his NYT column headlined "Bank Profits Appear Out of Thin Air":

Why can't anybody read the room here? After all the financial wizardry that got the country -- actually, the world -- into trouble, why don't these bankers give their audience what it seems to crave? Perhaps a bit of simple math that could fit on the back of an envelope, with no asterisks and no fine print, might win cheers instead of jeers from the market.