Citigroup to Cut at Least 3,000 Jobs

Woo Hoo! Maybe now that banks are cutting heads, real entrepreneurs who create jobs and companies will not be picked clean by bankers who do little more than act as credit card processors!

This development will bring about the golden age of entrepreneurship!

What kind of real entrepreneurs are you lauding?

Tech, Education, Small Business, Green Energy, Medical, Engineering, etc etc etc

How much entrepreneurship can there be on education?

And aside from "small business", how many of these entrepreneurial organizations are being hurt by credit card fees that concern you?

So bullish! Manhattan prices always go up, and never go down! Chinese! Brazilians!

Huntersburg - Educational technology is actually the hottest space in the VC world these days. Major media companies are making large investments and acquisitions. Just take a cursory look for yourself.

My comments were not about actual credit card fees as they were about parasitic investment bankers taking massive fees for being little more than a credit credit card processor - i.e. getting money to businesses.

For an explanation of how bankers have saddled their investments with heavy fees and ultimately driving them into bankruptcy please see how Mitt Romney made his money at Bain Capital.

So the venture capitalists are good, but their buyout firm brethren are bad.
Sounds odd.

It also sounds odd that bankers are bad but the media companies can be on a pedestal.

As far as education technology, I fail to see how technology gets our students to pay attention, spend time on their homework, and have greater parental involvement. Throwing money at education, and gimmickry have not been shown to improve student performance.