Rana Foroohar: Finance Industry Profits
on Wednesday, May 18, 2016Rana Foroohar Money Quote Wall street takes a far bigger slice of corporate profits in America than the small percentage of jobs it creates. Rana Foroohar said:
The finance industry creates 4% of jobs, but takes 25% of the profits in corporate America
— Rana Foroohar
For the past 15 years Rana Foroohar has covered the financial industry for Newsweek and Time and has now written a book looking at what she’s learned during that time.