[qwrusz]

Do you not having savings you put into a retirement account? 401(k)? Who do you think the clients of the investment/trading firms are? Do you keep your money under the mattress?

> I really don't believe that the amount of money the financial industry is making is commensurate with its value provided to society.

I am not going to argue with your beliefs here, but just want to point out the amount of money someone gets paid or how much money an industry makes is not determined by "its value provided to society" as what would that even mean?

I live in LA, the entertainment industry here also seems to make a relatively large amount of money.

While the financial services industry is quite large and made up of many different types of companies, it is not a government public service or anything like that, where does "value to society" come from? Who gets to decide it?

Edit: I just want to add that we are using Hacker News which is part of YCombinator - YC is an investment company and part of the finance industry too.