Jay Wolstenhome here. The continuing decline and turmoil of investment banks and broker-dealers accelerates the democratization of capital markets and the bifurcation of the financial industry. The result will be consumer choice on the top level with commodity utility processing below. On one side of the bifurcation, the inevitable shake-out of hedge funds along with [...]
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Category: Uncategorized Tags: banking and investment services, bifurcation, democratization, financial crisis, market crisis
