Robert K. Merton listed six possible causes of unanticipated consequences:
1) Ignorance,
2) Error in analysis,
3) Immediate interests,
4) Basic values,
5) Self-defeating prophecy,
6) Relevance
Cliff's Notes to Goldman's Playbook: 1) Wait for Fed to raise rates (money is FREE right now after all!), 2) Give back bank holding company, 3) Go private, 4) Give middle finger to Washington.
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