Let Fail News Today

Down the line. lehman brothers and bear stearns were let fail. now goldman sachs largest competitors in fixed income was lehman brothers. lehman brothers is gone. so goldman sachs now has total control over that marketplace. and so, of course, if the government is picking winners, which they did, they picked jp morgan, they picked goldman sachs, they picked ge, for that matter, and those winners are now able particularly in the banking sector as goldman is, able to suck up all of the business. i...