Connect with us

Hi, what are you looking for?

The American GeniusThe American Genius

Economic News

Parody video on the fading role of brokers on Wall Street

“I just want to retire”

After decades of transitioning from human brokers to online brokers, the people left on Wall Street are clamoring for the old days and lamenting for the days of unlimited expense accounts. In the above video, the DopeyCowboy.com parodies the fall of the traditional stock broker and calls for retirement.

Is 2012 the year that the algorithms and web programs take over Wall Street for good? How will that change the dynamic of the current system? Some speculate it would improve investing and eliminate greed while others point out that any investment, be it stock or real estate, is best done in collaboration between an investor and an adviser.

Either way, the hey day of trading and excess is over.

Advertisement. Scroll to continue reading.
Written By

Marti Trewe reports on business and technology news, chasing his passion for helping entrepreneurs and small businesses to stay well informed in the fast paced 140-character world. Marti rarely sleeps and thrives on reader news tips, especially about startups and big moves in leadership.

9 Comments

Leave a Reply

Your email address will not be published.

The
American Genius
news neatly in your inbox

Subscribe to our mailing list for news sent straight to your email inbox.

Advertisement

KEEP READING!

Business Finance

Another large spike in the consumer price index isn't good news for the economy, and the context of the data is more complicated this...

Business News

(BUSINESS) The former CEO of Highrise used a fake website to weed out toxic clients. How can you keep problematic customers out of your...

Business Finance

With a second consecutive quarter of declining GDP data, we are officially in a recession - are we?

Business Entrepreneur

(ENTREPRENEUR) Acquiring a business can be a key part of future growth, but there are some factors you should consider before signing the deal.

The American Genius is a strong news voice in the entrepreneur and tech world, offering meaningful, concise insight into emerging technologies, the digital economy, best practices, and a shifting business culture. We refuse to publish fluff, and our readers rely on us for inspiring action. Copyright © 2005-2022, The American Genius, LLC.