School News

An op-ed by NYU Life Trustee & Chairman Emeritus Overseer Henry Kaufman on the future of big banks

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Excerpt from The Wall Street Journal -- "As the trend continues—as the huge financial conglomerates operate under continuous and rigorous scrutiny—they will become financial public utilities. Meanwhile, the crucial job of competitively allocating credit will be relegated to a shrinking portion of the financial markets."

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