I think corruption is when you are not helping anyone else, yet you are extracting resources from some one. I think that's wrong. But i think people who have good ideas should just be given money, ok. But they're not always successful, right? Yes. So you need also have accountability, tol yoi have accountability. You aas yo, declare bankruptcy. We ik of bank's any different. That's arguably not accountable to somebody taking a loan and then losing their shirt,. And then they just declare bankruptcy, and then they're off. It can be corrupt, no question about it. And i think corruption should be punished. However, i'm hesitant to get
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As a $60 billion a year investment bank engaged in market making and asset management for equities, fixed income, commodity and derivative securities for large institutional clients, Goldman Sachs, having been founded in 1869, is arguably the world’s most recognizable name on Wall Street. Known for attracting some of the best financial talent, it is both respected and feared, in some cases being accused of “ripping their clients off” in the relentless pursuit of profits. Defenders of firms like Goldman Sachs make a big deal about how they’re instrumental in the efficient allocation of (financial) capital, but one could argue the concentration of highly intelligent and motivated individuals operating what amounts to a glorified casino is a gross misallocation of human capital, robbing other critical sectors of talent that would otherwise have gone to engineering real solutions, not financial ones.
