The Spark

“The emancipation of the working class will only be achieved by the working class itself.” — Karl Marx

A Great Recovery ... If You’ve Got Wealth to Manage

Oct 28, 2013

Bank of America reported that its “wealth management operations” had their best third-quarter ever. This unit earned 719 million dollars after expenses just in these three months. Each “financial advisor” brought in one million dollars!

So if you’ve got wealth to manage, or if you own a bank that invests rich people’s money, the economy is looking great!