For the institutional monolith, we had a large choice, including Fidelity Investments and Charles Schwab (see box, p. 184) with varying services and fees.

FORBES: What's the Plan?

Because of the social stigma associated with vice investments like tobacco, alcohol and firearms, many institutional investors shun them, either by choice or by socially-responsible investment mandate.

FORBES: My Favorite Tobacco Stock Is Intel?

"The strength of Nasdaq's brand and its pre-eminent position in the US equity market will make our single-stock futures offering a compelling choice for both retail and institutional customers in the US, as well as in Europe and beyond, " said Liffe chairman Brian Williamson.

BBC: Liffe boosted by Nasdaq deal

Ms. STEELMAN: Liz, we--I--I'm an institutional investor as the state treasurer and we made that choice.

CENTERFORSECURITYPOLICY: Transcript of CNBC Divest Terror debate

One can only wonder how much faster progress on tax reform or school choice would have been if the political capital devoted to income inequality had been devoted to fighting entrenched institutional resistance to useful reforms.

WSJ: Jenkins: The Inequality Obsession