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Wall Street Competition

Trader Turned Neuroscientist: Winning Feels Like 'You're Dominating The World'

Reuters | Posted 12.10.2012 | Business

* Former Wall Street trader studies biology of risk-taking * Experiments with spit finds testosterone fuels victories * ...

Another Reason to Break up Big Wall Street Banks

Robert Creamer | Posted 05.25.2011 | Business
Robert Creamer

Firms don't engage in price competition because they have a "gentlemen's agreement. If one of them starts undercutting the other they will drive down fees, and all of them see less money. The only way to end this is government action.