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The Wall Street Leviathan

• jacques_chester 15y ago
  > Measured by their profits, the six largest financial institutions in the US now account for 55 percent of all banking assets. And here the author has lost a generous slice of credibility. It's like saying "Measured by their clockspeed, the six largest CPUs in the US now account for 55 percent of all hard drive space".
  • rubypay 15y ago
    I read it more as "The six most profitable financial institutions in the US now account for 55 percent of all banking assets" which makes sense to me.
    • jacques_chester 15y ago
      So it's a failure of editing. > Measured by their profits, the six largest financial institutions in the US now account for 55 percent of all banking assets. should read > The six largest financial institutions in the US, as measured by their profits, now account for 55 percent of all banking assets.