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Excerpt from The New York Times -- "For about 150 years, finance has essentially charged a 2 percent fee on financial assets, like stocks, bonds and loans, according to research by a New York University economist, Thomas Philippon. That 'fee' adds up the total costs that investment bankers, asset managers, brokers and other financial middlemen charge their clients. Even as financial assets in the economy doubled over the last few decades, that fee percentage stayed remarkably flat."

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