Wall Street's new style of risk-taking raises concerns
Wall Street's new style of risk-taking raises concernsA new style of firm has emerged on Wall Street in recent years -- "one that acts primarily as a trader and only secondarily as a traditional investment bank" -- according to a BusinessWeek cover story. The new era is marked by a new tolerance for risk, and things have worked out well. At least so far.
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posted by Victor Lloyd Smith @ 12:25 PM
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