Bloomberg’s Cohan Says Big Bank Shareholders Secondary (Audio)

William Cohan, author of "Money and Power: How Goldman Sachs Came to Rule the World," says large banks like JPMorgan Chase "don't exist for the benefit of shareholders, they exist for the benefit of the people who work there." Cohan talks with Bloomberg's Ken Prewitt and Tom Keene on Bloomberg Radio's "Bloomberg Surveillance." (Cohan is also a Bloomberg View columnist. The opinions expressed are his own.)

(Source: Bloomberg)

Running time 09:50