[ Economics ] Profit and Leverage
Jon Hilsenrath, Damian Paletta and Aaron Lucchetti, "Goldman, Morgan Scrap Wall Street Model: End of Traditional Investment Banking," The Wall Street Journal, Sept. 22, 2008:
The most fundamental problem is how to generate profit growth in a world that no longer tolerates high leverage.
2008-09-22 07:10:23.0 -- Comments [3] ; Permalink ; Trackback. debt economics finance leverage profit wall-street
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