If the 1% stifles New York’s creative talent, I’m out of here | David Byrne | Comment is free | theguardian.com
Unlike Iceland, where the government let misbehaving banks fail and talented kids became less interested in leaping into the cesspool of finance, in New York there has been no public rejection of the culture that led to the financial crisis. Instead, there has been tacit encouragement of the banking industry’s actions from figures like Mayor Bloomberg.