tag:blogger.com,1999:blog-5880610.post6552364149418422111..comments2024-01-13T18:57:18.243-05:00Comments on Information Processing: Miserable bankersSteve Hsuhttp://www.blogger.com/profile/02428333897272913660noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5880610.post-31808861878798071472014-02-23T20:37:48.905-05:002014-02-23T20:37:48.905-05:00yes. there is a lot of good rocket scientists can ...yes. there is a lot of good rocket scientists can do, and that includes derivatives. it's just that that the genuine value gs and others create is a smaller and smaller fraction of their income. blankfein on charlie rose gave the, to me, obvious excuse that as the total market in securities increases revenues from trading must increase and that few will buy without the liquidity afforded by chartreuse1737noreply@blogger.com