The problem with Occupy Wall Street, an investment banker wrote to me, is that financial mechanisms are very complicated, and the protesters don't understand them. On the day that the New York occupation of Zuccotti Park spread to Washington Square, another visitor from finance looked out over the milling malcontents: "Things definitely went wrong, but you have to understand how the system works. Looking at these signs doesn't give me a lot of confidence."
And it was certainly true that, by themselves, the signs bobbing through the crowd urged a panoply of measures: Abolish the Fed! Tax the rich! Bail out the people! Lloyd Blankfein's head on a pike! Now! All this hectic sloganeering lent a sort of poignant sweetness to a placard that pointed out, reasonably enough, that "the economy could be more fair."
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