Wall Street Debacle: A Madame Defarge Moment

Madame Defarge smugly knitted while the guillotine decapitated the French aristocracy in Dicken's " A Tale of Two Cities". Likewise some of us indulge in schadenfreude as the " masters of the universe" on Wall Street are dying from a thousand financial cuts from the falling Dow Jones Averages. The peers of Wall Street like the nobility of France are and were the bigger losers.