Price Taker or Price Maker (& Fixer, Stealer, etc.)? The devil theory of Goldman Sachs, at bottom, rests on the premise that Goldman knows the future better than its customers or the rest of us. –Holman Jenkins, “‘Defining the Facebook Deal“; The Wall Street Journal (Jan. 15-16, 2011) THAT’S “the devil theory of Goldman Sachs??”  Really?...Read More