It's the Leverage, Stupid: Roger Lowenstein's Rx to Reform Wall Street

Discussion in 'Economics' started by SomeYoungGuy, Apr 6, 2010.


    As he tells Aaron in the accompanying clip, he'd much rather see one large Goldman Sachs with 15 to 1 leverage than two Goldman Sachs with 30 to 1 leverage.

    He makes a good point.
  2. Well that link crapped out. Hopefully you smart folks can figure out how to fix it.
  3. jasonc


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    I agree with him but his point is nothing new and excessive leverage has been talked about a lot.