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His point was that investment banks, led by Goldman, enjoy an extraordinarily privileged position in being trading houses, market-makers and advisers to companies.
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So what's being traded?
No money is being traded.
Or being traded.
"We were trading cachet".
It's trading.
We were trading punches.
And they're trading.
Blogs are trading complaints.
"They're trading music.
Both are trading around $700 a share.
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