Can Wall Street Justify Its Existence? - NYTimes.com

Can Wall Street Justify Its Existence? - NYTimes.com:Yes Wall Street does much good, but does it take more money than it earns? That is the question that is asked in this week's New Yorker Magazine and is rehashed in today's DealBook."...the question stands: a strange industry exists that mints multimillionaires on the basis of stock movements and bond issues. Can it justify its existence, or