All Hail Mammon

All Hail Mammon

Accelerating Income Disparity Attracts Atlanta Boosters, New York Bankers

San Francisco’s extreme economic inequality is second only to Atlanta’s nationwide according to research from the Brookings Institution, but ours is increasing faster so naturally Atlanta has sent a delegation to Silicon Valley this week to learn the secret to marginalizing the poors. Though maybe they should have gone to New York to woo banker bros, instead?

Travis Kalanick, chief executive officer of the ferociously expanding Uber, has said that between 10 and 15 percent of his hires come from the financial services industry, with a full 5 percent coming from Goldman Sachs alone.