As an entrepreneur, I mourn the end of the era of US investment banks. I am sorry that these venerable institutions were first taken over and then blown up by their own traders. Traders should have built their hedge funds and not gamble with the whole investment bank. Entrepreneurs are now left with commercial banks to deal with. These banks have less understanding of our businesses. Here´s a debate by my buddy Brent Hoberman on this issue in the FT.
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