It's the Leverage, Stupid: Roger Lowenstein's Rx to Reform Wall Street

[SomeYoungGuy]

http://finance.yahoo.com/tech-ticker/it's-the-leverage-stupid-roger-lowenstein's-rx-to-reform-wall-street-461933.html;_ylt=AhKjusDZfXec2iI0p0J9x1u7YWsA;_ylu=X3oDMTE2a2tucWlkBHBvcwMxMQRzZWMDdG9wU3RvcmllcwRzbGsDaXRzdGhlbGV2ZXJh?tickers=gs,xlf,%5Edji,BAC,jpm,c,MS&sec=topStories&pos=9&asset=&ccode=

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As he tells Aaron in the accompanying clip, he'd much rather see one large Goldman Sachs with 15 to 1 leverage than two Goldman Sachs with 30 to 1 leverage.
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He makes a good point.

 

[SomeYoungGuy]

Well that link crapped out. Hopefully you smart folks can figure out how to fix it.

 

[jasonc]

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I agree with him but his point is nothing new and excessive leverage has been talked about a lot.