最终美联储正式批准高盛和摩根斯坦利的改组。意味着长久以来世人熟知的华尔

In the end, the Federal Reserve formally approved the reorganization of Goldman Sachs and Morgan Stanley. It means that Wall Street, which has been known to the world for a long time, has ended. <br>Excessive derivation complicates financial products and makes information asymmetry leading to financial crises.

最终美联储正式批准高盛和摩根斯坦利的改组。意味着长久以来世人熟知的华尔街就此终结了。过度的衍生化让金融产品变得复杂也让信息变得不对称导致了金融危机。<br>

Finally, the Federal Reserve officially approved the reorganization of Goldman Sachs and Morgan Stanley. It means that Wall Street, which has long been known to the world, has come to an end.Excessive derivative makes financial products complicated and information asymmetric, which leads to financial crisis.