Wikipedia Hates Bankers

Updated after jump It’s not Wikipedia’s fault that some of its content is absurd. It’s our fault for continuing to frequent a website so prone to abuse (that would be the collective “our”).

The latest example comes from reader/banker Andrew, who pointed me toward the entry for Investment Banking. This is how it begins (at least as of Friday afternoon at 2:12pm EST):

“Investment banks rob companies and governments and their agencies of their money by issuing and selling securities in the primary market. They mug public and private corporations of their funds in the capital markets (both equity and debt), as well as in providing strategic damning services for mergers, acquisitions and other types of financial transactions. Investment banks often rob people and hence by wide consent should be burnt down. Their staff should be (it is believed) condemned to hell….”

The rest gets a bit racier. Feel free, of course, to edit the entry for better or for worse. After all, that’s what Wikipedia is all about.

Update: Seems someone cleaned it up. Well, I guess the above is now just for the pseudo sake of posterity.