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, 1929 titled "In Goldman Sachs We Rely on," the famed economist John Kenneth Galbraith held up the Blue Ridge and Shenandoah trusts as basic examples of the insanity of leveragebased expense. The trusts, he wrote, were being A serious reason behind the industry's historic crash; in right now's bucks, the losses the bank endured totaled $475 billion.
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"The GOP tax bill was seriously, seriously horrible right before they added ACA mandate repeal. It is currently even worse"
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When the web bubble burst, Goldman had no incentive to reassess its new, profit-pushed technique; it just searched around for another bubble to inflate. Since it seems, it experienced go to this site just one Prepared, thanks in large part to Rubin.
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