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The sheer number of affiliated companies is not unusual in regulated industries as each tends to be a special purpose vehicle to segregate the associated assets
by koolba 4y ago
The sheer number of affiliated companies is not unusual in regulated industries as each tends to be a special purpose vehicle to segregate the associated assets and liabilities.
- michaelcampbell 4y agoIf I remember Boyle's video correctly, Goldman Sachs' equivalent structure was about 30 entities. This doesn't feel normal in any sense.