The Rise of Investment Banking Giants
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The 1929 stock market crash didn't just break the economy; it created the investment banking giants we
know today. After the crash, the government forced a split. Banks had to choose:
be a regular bank for everyday people, or become an investment bank for huge corporations. This is when firms
like Morgan Stanley and Goldman Sachs rose to power. So what do they do?
They're the ultimate corporate dealmakers. They help massive companies raise billions by selling
stocks and bonds, advise them on buying other companies, and trade insane amounts of money.
They are the high-stakes players behind the biggest corporate moves, shaping our entire
economy.
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