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John Cassidy wrote a piece for the New Yorker titled "what good is wall street?" that takes a dim view of the economic usefulness of the financial sector (1)

http://www.newyorker.com/reporting/2010/11/29/101129fa_fact_...

It's a long article, but this is probably the strongest case for banking as rent-collection (or even worth, wealth-destruction) you'll read in the mainstream press (ie., as opposed to academic journals).

(1) not an opposition to banking per se, which he sees as immensely valuable



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