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Mind the (Income) Gap

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  • Posted By: polecolaw @ 10/23/2007 11:36:19 AM

    Dear Mr. Gross,

    Several weeks ago I penned an article about wall street competitiveness and fees charged by wall street firms. After I published this article on my blog, I was watching CNBC and they aired an interview with you during which you discussed your upcoming article in NYT Magazine about the loss of competitiveness of Wall Street to international firms. You specifically said that the big secret nobody talks about is the high fees charged by Wall Street firms. I was very excited, and was probably one of the first people to read your article. To my surprise, however, there was no mention of the fee issue in the article. I don???t know if that is because you found some other evidence over night about fees or discovered the fee issue after you penned the piece. I tried for over an hour to email you, but just could not get an active email. That is why I am posting this here. Here is a link to my original post if you would like to read it. I appreciate your reply on this as I am genuinely curious about this issue and may want to study it further. http://polecolaw.blogspot.com/2007/10/tale-of-two-cities-new-york-and-detroit.html

    Best regards,
    Mark Palermo

  • Posted By: polecolaw @ 10/23/2007 11:35:47 AM

    Dear Mr. Gross,

    Several weeks ago I penned an article about wall street competitiveness and fees charged by wall street firms. After I published this article on my blog, I was watching CNBC and they aired an interview with you during which you discussed your upcoming article in NYT Magazine about the loss of competitiveness of Wall Street to international firms. You specifically said that the big secret nobody talks about is the high fees charged by Wall Street firms. I was very excited, and was probably one of the first people to read your article. To my surprise, however, there was no mention of the fee issue in the article. I don???t know if that is because you found some other evidence over night about fees or discovered the fee issue after you penned the piece. I tried for over an hour to email you, but just could not get an active email. That is why I am posting this here. Here is a link to my original post if you would like to read it. I appreciate your reply on this as I am genuinely curious about this issue and may want to study it further. http://polecolaw.blogspot.com/2007/10/tale-of-two-cities-new-york-and-detroit.html

    Best regards,
    Mark Palermo

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