Shadow Banking
topic on 1 show · 1 statements across 1 episodes
1 statements about Shadow Banking, every show
Redleaf: Commission deregulation forced Wall Street to trade against customers
“In fact, the established firms moved from commission business to trading businesses, trading against their customers, really. The prop desks became established. And then subsequently, as volume exploded, as, in fact, commission business could work. The prop tr…”