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Wall Street Is Better at Gambling Than Finance

Wall Street is a gambler, says Dennis Kelleher. When a bet pays off it pockets the winnings, but when luck runs out it passes the losses onto the American people.
 
Kelleher knows how the finance industry plays Washington to keep its pockets full—he saw it first hand as a senior staffer on Capitol Hill. Now he runs Better Markets, an organization that keeps Wall Street in check by promoting markets that help the economy—by spurring entrepreneurship and creating jobs—rather than hurt it with rash speculation.

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