Posted: Thu Dec 09, 2010 2:39 pm
Maurepas wrote:Sibirsky wrote:I prefer competition. If Goldman Sachs is afraid that Morgan Stanley will come out with new, and better financial products, they will strive to do the same.
Yeah, the trick with that though is, if both of those guys are in it together, or one is bigger than the other and buys it out, also known as creating a monopoly, heh, it's that sort of thing that needs to be prevented.
There are many others.