Home › Forums › Financial Markets/Economics › Has Goldman fatally damaged their Franchise? › patb wrote:briansd1 wrote:
[quote=patb][quote=briansd1]
As a society, we depend of firms like Goldman. We can’t do without them.
[/quote]
actually, firms like Goldman are utterly replaceable.
they don’t really control capital,
they are a collection of lawyers and salesmen.
they could be replaced in a month.[/quote]
Agree with you, patb.