Bankers vs. Economists

So far, bankers have been getting most of the opprobrium. Yes, there are a few solid bankers who didn't destroy their firms. But pretty much all the prominent bankers failed. And their failures are writ large on the pages of the Wall Street Journal every day. They've been hauled before Congress, been deposed and fired, lost vast fortunes, and been the targets of populist rage. By common consensus, bankers (and by this I mean the term as it's used in the tri-state metro area: to describe anybody who works at a relatively high level in the financial services industry) blew it.