Goldman Sachs, despite being one of the six most important financial institutions in the US, is one of the two smallest by scale (along with Morgan Stanley) among those six institutions, putting it at a structural disadvantage during market turbulence.
causalpending
Speaker
David SalmanEvidence Quote
“Scale matters a lot and I just went through all those firms. The two smallest firms of all those firms are Goldman Sachs and Morgan and Stamale. And so when there's turbulence in the world, you always want scale.”
Created: 8/12/2026, 10:05:59 PM
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