> Measured by their profits, the six largest financial institutions in the US now account for 55 percent of all banking assets.
And here the author has lost a generous slice of credibility. It's like saying "Measured by their clockspeed, the six largest CPUs in the US now account for 55 percent of all hard drive space".
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[ 8.7 ms ] story [ 28.6 ms ] threadAnd here the author has lost a generous slice of credibility. It's like saying "Measured by their clockspeed, the six largest CPUs in the US now account for 55 percent of all hard drive space".
> Measured by their profits, the six largest financial institutions in the US now account for 55 percent of all banking assets.
should read
> The six largest financial institutions in the US, as measured by their profits, now account for 55 percent of all banking assets.