Reuters: How Wall Street is Responding, Or Not, To Protests

Reuters: How Wall Street is Responding, Or Not, To Protests

Since the Occupy Wall Street movement kicked off last month, big banks and their employees seem to have made a point of ignoring it, with some privately writing it off as no more than a badly organized nuisance.

But as the protest has expanded from a few hundred people in a little park in Lower Manhattan to thousands across at least two dozen cities, gaining support from labor unions, celebrities and politicians, it has become harder to ignore.

One Wall Street banker described the protesters as “a bunch of whiny people who are lazy or incompetent and have nothing to do with their time.” He also said he was concerned the rhetoric could escalate to violence. “Who’s to say they won’t storm NYSE or throw something at the window of Goldman Sachs, that in turn inspires them to grab an investment banker and throttle him?”

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