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Masters Of The Universe Continue To
Excel
May 2, 2013 - By Staff Writer
Masters of the universe continue to excel irrespective of negative public perception on investment banks, and the watchful eye of regulators. An interesting report today by CNBC on the success of investment banks. The industry is showing year to date revenues of $11.4 billion, an increase of 8% compared to same time last year.
Investment banking is doing what its supposed to do, investing and financing growth, and their numbers should be looked at with optimism, optimism on job creation and that our economy is headed in the right direction.