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The Rethinking of Goldman Sachs
Goldman has had a more difficult journey, maybe is just strategically or just because it didn't choose the buy, Smith Barney or E-Trade. But you're getting the impression that there's a rethink going on about owning a deposit base as an investment bank. Goldman really should externalize the firm's capabilities as enabling infrastructure for clients to build on and abstract away the brain damage of some of their biggest clients in offering financial products," he says.