Blog
Fed Seeks to Prohibit Companies from Merchant Banking to Promote Lending
Posted Sep 22, 2016 by Martin Armstrong
The Federal Reserve wants to take away the ability of Goldman Sachs and other banks to invest in companies rather than acting as bankers and lending. The U.S. [...]
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Ancient Merchant Banking – the House of Lucius Caecilius Jucundus – the Banker of Pompeii
Posted May 31, 2015 by Martin Armstrong
Merchant Banking is where banks always began throughout history. Trading in the various commodities and engaging in import/export was the path to wealth from [...]
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