Samstag, 25. Oktober 2008

Goldman Sachs, Morgan Stanley Become Banks, Ending an Era for Wall Street



U.S. flags fly outside the headquarters of Goldman Sachs Group Inc., in New York, Sept. 16, 2008. Photographer: Gino Domenico/Bloomberg NewsSept. 22 (Bloomberg) — The Wall Street that shaped the financial world for two decades ended last night, when Goldman Sachs Group Inc. and Morgan Stanley concluded there is no future in remaining investment banks [...] continue reading the breaking news

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