Money Business: Revelation from Resignation of Greg Smith

Discussion in 'Stock Market' started by anonxia, Mar 14, 2012.

  1. anonxia
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    anonxia Rookie

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    In this increasingly competitive world among investment banks as well as increasingly scarce good investment opportunities, investment banks have to earn money by cheating cheating small-to-medium sized corporate clients or colluding with corporate clients to cheat investors, especially those stupid institutional investors and the generally unsophisticated retail investors. This is how the chain of money business works.

    Read more:EDIT: Commercial solicitation is a no no.
     

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