Joined Nov 11, 2007
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$GS To Create a In House Bank Lending Facility

$GS was not a bank, then became a bank for bailout funds, then stopped being a bank for fear of Dodd Frank regulation, and is now building an in house bank to loan to wealthy clients.

I’ll take this as a sign that interest rates will move higher soon and that lending will become¬†immensely profitable shortly.

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