Splitting the Goldman Sachs Difference

Goldman Sachs (GS Quote) isn't considering a breakup anytime soon, as far as we know.

But given all the recent agitating for a Citigroup (C Quote) split, the question of why Goldman shares trade the way they do is an interesting proposition.

In reputation and financial clout, the institution represents Wall Street's high water mark. Goldman's venerable investment banking franchise reported record net revenue this past quarter of $1.72 billion and ranks No. 1 on the merger and acquisition league tables, according to research firm Thomson Financial. ...