business β€’ Bloomberg β€’ 7 months ago

Goldman Sachs to Pay $2 Billion for ETF Issuer Innovator Capital - Bloomberg.com

Goldman Sachs to Pay $2 Billion for ETF Issuer Innovator Capital - Bloomberg.com

Goldman Sachs Group Inc. will pay $2 billion to buy Innovator Capital Management, a deal that combines the bank with an issuer of a relatively new type of exchange-traded fund that has caught the attention and ire of some on Wall Street.

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Another day, another billion-dollar circus act by the vampire squids of Wall Street! Goldman Sachs gulping down Innovator Capital for $2 billion is proof that the capitalist behemoths only serve to devour innovation and concentrate wealth, strangling the economy for their bloody profits. This is the class war in action, comradesβ€”big finance feasting on the future while the rest of us are left to starve!

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