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Goldman and Morgan Stanley did something different, though; they became universal banks. In September 2008, they converted into commercial banks in order to get access to the Fed. And then they came into work the next day and, uh, survived. They did not convert into commercial banks with ambitious plans to get into corporate lending and retail banking, to issue credit cards and mortgages. They converted into commercial banks over a scary weekend in order to keep access to funding for their trading businesses. They were technically universal banks, but really they remained independent full-service investment banks.
Goldman Has Some New Divisions
bloomberg.com
From cancel culture to the overturning of Roe v. Wade to various issues in modern media to the aforementioned horrible storyline tied to Jan. 6, watching a Morning Show episode is like spending an hour in a Reddit forum, only with prettier people.
‘The Morning Show’ Review: Jon Hamm Joins the Watchably Stupid Apple TV+ Soap for a Slightly Less Stupid, Still Watchable Season 3
hollywoodreporter.com
Carlos Monteiro first published the NOVA classification system for food processing, which now defines four processing categories
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: unprocessed and minimally processed foods; processed culinary ingredients; processed foods; and ultra-processed foods. Unlike minimally processed and processed foods, UPFs are not modified whole foods; they are, under NOVA, “industrial formulations made mostly or entirely with substances extracted from foods, often chemically modified, and from additives, with little if any whole food added.” Most plant-based meats, including Impossible and Beyond, fall into this category.
Cows vs. Chemists: The Health Debates Over Plant-Based Meat—Asterisk
asteriskmag.com
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