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September 28, 2008

Bell Tightening On Wall Street

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With the Wall Street bailout set for Congressional passage in the morning, I offer you an ironic counterpoint.

BAGnewsNotes contributer Nina Berman captured this image outside the NYSE a week ago Monday.  What accounts for the look of resentment?  It’s because workers at the exchange were kept from entering so that His Highness, Sheikh Nasser Al-Mohammad Al-Ahmad Al-Sabah, Prime Minister of Kuwait, could enter to ring the morning bell.

The photo also offers an interesting blank and white contrast.  I’m guessing most people would take for granted the second security guard is also black.  Did you?

(image: Nina Berman. New York. September 22, 2008)

  • NoContest

    Nina, it looks like abject curiosity and reflection more than resentment to me. But I agree, NYSE floor traders and brokers who’s “seat” on the exchange goes for $250,000 and up are not accustomed to being delayed. So the photo has inate beauty from that respect.
    10 years ago I was in a bomb scare at the Houston airport and we were evacuated in mass to the tarmac. I was shoulder to shoulder with a member of Saudi royalty. In spotless flowing white robes and gold threaded headgear. Probably much like His Highness, Sheikh Nasser Al-Mohammad Al-Ahmad Al-Sabah, Prime Minister of Kuwait. This King was revulsed and horrified to be walking with us commoners, on the verge of panic, and like the Traders above, we could not take our eyes off of him. It was a great feeling of equalization of power. This bloated zillionaire was not a God as he believed, but a vunerable human in a situation he had possibly never been in before in his life. I’m extrapolating here off of your photo but that is what the men above are thinking… they say: look at that guy, Prime Minister blah blah blah. Here I am, a Wall Street multi-milloinaire and I am shuttled off like street trash before him, when in fact, he is really nothing.

  • Nina Berman

    Hi NoContest,
    The scene transpired this way. You heard sirens, then a few blacked out SUVs raced down Broad Street, which is usually closed to traffic, because of 9-11 security rules. Then the vehicles swung around in front of the Exchange and the outdoor guard booth where anyone working or visiting the exchange must pass through. All action stopped and the Sheikh dressed in beautiful robes, etc., and his aides filed out and were quickly swept into the doorway of the building. He was clearly treated as a very high level VIP . My feeling when I saw this scene was that these guys were kind of wowed and a little pissed off that they had to defer to the Sheikh and were perhaps wondering, as was I, whether this could be a person who was going to bid on one of the many financial institutions crumbling that day.