Remove Collateral Remove Investment Banking Remove Law Firms
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Transcript: Steven Klinsky

The Big Picture

KLINSKY: So I thought about a — and I did work for Larry Tribe in canon law for some time. It was between corporate law and investment banking. I did work on the very first principal investment that Goldman ever did. And Goldman was the size of a law firm back then. RITHOLTZ: Oh, really?

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Transcript: Anat Admati

The Big Picture

Any kind, collateral, non-collateral. Now, deposit is very unique because deposits are unsecured debt to the bank. They don’t have collateral. Now does the FDIC even know how much risk they’re bearing 0 when all the assets are so encumbered that they’re all pledged as collateral? RITHOLTZ: Right.

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Transcript: Brian Hamburger

The Big Picture

Brian Hamburger has been one of the leading authorities in the world of registered investment advisories, broker-dealers, SEC regulatory compliance. He is the founder of MarketCounsel, which is one of the leading firms in that space, as well as the Hamburger Law Firm. I’m going to use a dirty word now.

Legal 62
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Transcript: Gary Cohn

The Big Picture

Partnerships, law firms, accounting firms go down the list. Venture capital 01:12:11 [Speaker Changed] Firms, we have some, some even larger major training companies, major retail companies that are LLCs are pass through companies. It’s a win for everyone.

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