Against big-is-best banking

In One Man Against Wall St, Simon Johnson introduces us to Jeff Connaughton. He’s a Wall Street pro who now spends his time debunking the arguments for big-is-best megabanks. It makes a lot of sense to me. I think that finance is just as amenable to a much less monolithic, much more networked infrastructure.

Hat tip: this tweet from Tom Watson

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.