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An op-ed by NYU Life Trustee & Chairman Emeritus Overseer Henry Kaufman on financial concentration
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Excerpt from The Globalist -- "As a result of all these moves (before the crisis, during the crisis and afterwards), a very high proportion of U.S. financial assets are now held by a mere handful of conglomerates. And they are the ones deemed "too big to fail." Smaller firms operate ever more on the margins and hold only a declining share of financial assets."
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