Subscribe to RealEconTV
Your e-mail address is kept absolutely privateWe make it easy to unsubscribe at any time
RealEconTV
Business news without the bullshit
When billionaires get fleeced
Plus a clip from "Inside Job"
We make it easy to unsubscribe at any time
- Navigation:
- Home
- Back
- More videos like this
"It's a Wall Street government"
Advertisement
Jim Clark co-founded Silicon Graphics which changed how computers were used.
Then he co-founded Netscape which put the World Wide Web on the map.
Wall Street, in the form of Goldman Sachs, contributed by lightening his wallet.
It's an old story. Many successful entrepreneurs who've made real contributions to the economy have ended up fleeced by Wall Street.
It's hard to believe when you're on the other side of the divide, but it is just as hard - maybe harder - to hold onto it than make it and one of the biggest hazards to those with savings are bankers and "wealth managers."
Ironically Clark wanted to start a "wealth management" firm for the masses in 2000 because so many people were getting newly rich. Wall Street took care of that problem too.
Legal disclaimer
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, BONDS OR FUTURES.
The author may have a position in any company or security mentioned herein. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.