I woke up this morning to an one sentence email saying that the Fed had converted Goldman and Morgan Stanley to bank holding companies. I get in to work and read the artcle. Holy crap. I'm still a bit groggy after a long and tiring weekend, so am I reading the correctly? Are there no more i-banks?
Glass-Steagall was dismantled or repealed by Clinton, is this a small reinstation of that or a complete destruction? I'm a bit confused but this seems like huge, huge news. And the markets don't seem to be all that happy about it.
Showing posts with label investment bank. Show all posts
Showing posts with label investment bank. Show all posts
Monday, September 22, 2008
Monday, January 28, 2008
Random crap
British satire about i-bankers. Worth watching:
Finally, someone takes my feelings on Guitar Hero seriously. Why spent so much time learning to push buttons when you could easily learn to really play guitar in the same amount of time?
Why East Coast VCs are notably missing from the Midas list.
Who has money to throw around in the tech industry.
Finally, someone takes my feelings on Guitar Hero seriously. Why spent so much time learning to push buttons when you could easily learn to really play guitar in the same amount of time?
Why East Coast VCs are notably missing from the Midas list.
Who has money to throw around in the tech industry.
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