Schadenfreude

Why Washington (especially the media) hates Wall Street.  A friend writes to ask if I've "gone native".   Exquisitely attuned as I am to the effect that severe recessions have on advertising revenue, and the balance sheets of people who fund money-losing magazines--well, no, I certainly haven't.  I'd rather let Wall Street off scott free than sacrifice my job to "teach them a lesson".

This article available online at:

http://www.theatlantic.com/business/archive/2008/09/schadenfreude/4157/