Life Is Grand On Wall Street

The largest banks are larger today than when Obama took office and are returning to the level of profits they were making before the depths of the financial crisis in 2008, according to government data. Wall Street firms — either independent companies or the high-flying trading arms of banks — are doing even better. They’ve made more profit in the first 2½ years of the Obama administration than they did during the entire Bush administration, industry data show

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