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Wednesday 23 November 2011

High finance comes bearing gifts to Occupy London


LONDON — Like two emissaries of capitalism on a sensitive diplomatic mission, they came to the Occupy London protest camp bearing gifts: a bundle of free books each with a dollar bill inside, sparkling chocolate coins and a message about how some within the world of corporate finance are ready to change.

Professor Michael Mainelli and Ian Harris, co-founders of Z/Yen, a commercial think-tank with "intimate links" to some of London's "oldest and largest" financial institutions, might have been forgiven for feeling a little nervous.
After all, the Occupy movement was sparked at least in part by anger at the role of banks in the world's current financial troubles.
But they were not there to defend their industry – instead, they addressed a crowd of Occupiers in the shadow of St. Paul's Cathedral to express their admiration for a movement that was getting people talking about the need to reform the financial system.
MSNBC NEWS


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