Wall St. faces specter of lost trading units

They are the elite among the elite at Goldman Sachs, highfliers who are the envy of Wall Street. But on Washington’s orders, Goldman is now considering a step that once would have been unthinkable: disbanding the corps of market wizards at the heart of its lucrative trading operation. Under the new Dodd-Frank financial regulations, Goldman must break up its principal strategies group, the wildly successful trading unit that has helped power the bank’s profits.

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3d rendering of a row of luxury townhouses along a street

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