The language that matters

BookValue
House of Cards
William D. Cohan
( http://www.penguin.com/ )

Who is to blame for the tsunami of liquidity?

Observers familiar with Goldman Sachs and Bear Stearns believe that the quality of the people at each is similar but the language of the two firms could not be more different, recounts William D. Cohan in House of Cards: How Wall Street’s Gamblers Broke Capitalism.

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