Facts matter: Sign up for the free Mother Jones Daily newsletter. Support our nonprofit reporting. Subscribe to our print magazine.


If the Wall Street Journal is to be believed, there’s at least a smidgen of justice in the world. Here’s their latest report from Davos:

Not so long ago, financiers ruled the roost at the glitzy annual gathering of the global economic elite here in the Swiss Alps. At this year’s gathering of the World Economic Forum, the unofficial theme seems to be, “First, kill all the bankers.”

….The scorn poured on the industry at this year’s get-together in the Swiss ski resort is a sign of a mounting international backlash against the financial sector. Popular anger about banks’ role in the financial crisis, and their behavior in its aftermath, has spilled over to the world’s elite business executives, politicians and regulators. Since gathering here Wednesday, they have been aiming sometimes bitter recriminations at the tainted masters of the banking universe.

Unfortunately, the most likely explanation for this isn’t that Davos attendees are genuinely appalled by what bankers have done, but rather that they’re appalled that bankers have managed to taint Davos itself, and by extension the rest of them. That’s unforgivable. These are not people who like being mocked.

Still, even if this is just a bit of mega-millionaire cat fighting, it’s better than nothing. At least the rest of us can enjoy the show for a bit.

THE END...

of our annual funding cycle is fast approaching, on June 30, and we have a considerable $230,000-plus gap in our online fundraising budget.

If you value the nonprofit journalism you get from Mother Jones, and you can, right now is an important time to help us keep charging hard with a much-needed and much-appreciated donation.

payment methods

THE END...

of our annual funding cycle is fast approaching, on June 30, and we have a considerable $230,000-plus gap in our online fundraising budget.

If you value the nonprofit journalism you get from Mother Jones, and you can, right now is an important time to help us keep charging hard with a much-needed and much-appreciated donation.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate