From Bloomberg
''One of the biggest lies in capitalism,” former New York Governor Eliot Spitzer, who made his name prosecuting Wall Street misdeeds, told Taibbi, “is that companies like competition. They don’t. Nobody likes competition.” Spitzer could have added that this hatred of competition is ever-keener on Wall Street, which today, with its ranks thinned by the financial collapse, operates more like a cartel than ever.''
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