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Comment on Goldman Sachs and the $580 Million Black Hole

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I don't understand why we don't require investment bankers to be licensed, the same way we require lawyers to be licensed, and require as a condition of obtaining and maintaining that license that they take a course in ethics, and they operate ethically in regard to their clients.

If a big law firm did the kind of questionable things toward a client that Goldman Sachs did with Dragon, there would be people up for disbarment.

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