I’d Love To Change The World and a Conversation with Michael Kantrowitz of Piper Sandler
RiskReversal Pod
00:00
The Bank Stress Test and the Financial Crisis
A lot of this regulation that came after the financial crisis has done its job in a way, but it's also turned these banks into what looks like utilities. We are obviously seeing a slowdown and deal making across the board. Goldman didn't do was diversify like Morgan Stanley did. Micron is more of a memory chip provider as everybody knows, symbol MU, 70 billion market cap. And they obviously have a big issue because China is on them on their cybersecurity stuff.
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