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What's Really Going On At Goldman Sachs?

The Compound and Friends

00:00

The Disadvantages of Morgan Stanley

Goldman Sachs has never been particularly good at doing M&A deals for their own account. They're constantly changing heads of that business and trying to rejigger it and refigure it. I don't really understand it, they should have a superior wealth management business. David Morgan pays two basis points on a so-called savings account.

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