Re:The Wall Street Leviathan
by jacques_chester on Monday April 11, 2011 @09:29PM
(#2435396)
> Measured by their profits, the six largest financial institutions in the US now account for 55 percent of all banking assets.
And here the author has lost a generous slice of credibility. It's like saying "Measured by their clockspeed, the six largest CPUs in the US now account for 55 percent of all hard drive space".
And here the author has lost a generous slice of credibility. It's like saying "Measured by their clockspeed, the six largest CPUs in the US now account for 55 percent of all hard drive space".
> Measured by their profits, the six largest financial institutions in the US now account for 55 percent of all banking assets.
should read
> The six largest financial institutions in the US, as measured by their profits, now account for 55 percent of all banking assets.