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Greg Smith's rant costs Goldman $2.2-billion in one day
- willvarfar 15y agoTaking Lawrence Lessig's view: http://edition.cnn.com/2012/03/15/opinion/lessig-goldman-sachs/index.html http://edition.cnn.com/2012/03/15/opinion/lessig-goldman-sac... , this is the problem
- mooism2 15y agoGoldman's market value declined by $2.2bn in one day. To a first approximation, this tells us nothing about how much it has cost Goldman Sachs. Are customers walking away, whether to competitors or out of the market entirely? Who knows?