Comment (1)

  1. Russ:Whether an investadment bank is owned by a govadernadment or priadvate stockadholdaders has no real bearading on how braeuuadcratic it is interadnally. It’s the size of an orgaadniadzaadtion, not it’s nomadiadnal ownaderadship. The other sovaderadeign wealth funds in exisadtence — the ones who now own large shares of Citi, JPM, etc. — seem to have no more or less trouadble than anyadone else in this regard.

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