Posted
12:13 PM
by Gene
SQUIB OF THE DAY FROM SEEKING ALPHA:12:03 PM Goldman Sachs (GS +0.6%) faces two 'major' competitive threats, analyst Dick Bove says in a note this morning. One is the rise of powerful investment banking firms in China. The other is the ability to trade freely in the U.S.Keep paying yourselves those zillion-dollar bonuses in
a Monopoly mode and you might not trade in the U. S. PERIOD. [Link via
Henry Honest]