It’s shameful when egos and immorality come to rule

In the wake of a devastating financial crisis, President Obama has enacted some modest and obviously needed regulation; he has proposed closing a few outrageous tax loopholes; and he has suggested that Mitt Romney's history of buying and selling companies, often firing workers and gutting their pensions along the way, doesn't make him the right man to run America's economy.

Wall Street has responded predictably, I suppose by whining and throwing temper tantrums. And it has, in a way, been funny to see how childish and thin-skinned the “masters of the universe” turn out to be.