"Second of all, I don't think Wall Street is doing what it's supposed to be doing, even after the shameful performance of the last two years. They're are not allocating capital"
- Howard Dean
About this Quote
Howard Dean is revealing his discontentment with Wall Street's efficiency in the last 2 years. He thinks that Wall Street is not doing what it is supposed to be doing, which is designating capital. He is suggesting that Wall Street has actually not been purchasing the best locations, and that this has had a negative influence on the economy. He is also suggesting that Wall Street should be held accountable for its actions which it must be doing more to make sure that capital is being designated in an accountable and helpful method. This quote highlights the value of Wall Street's role in the economy and the need for it to be held responsible for its actions. It likewise functions as a tip that Wall Street need to be purchasing the ideal locations in order to ensure a healthy and flourishing economy.
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