Saturday, August 28, 2010

Secret to Wall Street Riches Revealed

Closed-caption transcript of an investment banker describing how his firm's half-percent fee on the sale of $100 million worth of securities somehow results in the firm making $5 million, or 10 times that amount.

The interview with the banker is part of a video explaining the financial system. It plays on a continuous loop at the Museum of American Finance in New York.

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