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What Wall Street Will Look Like in 50 Years

Thursday - 4/25/2013, 3:40pm  ET

Fifty years ago, Goldman Sachs was a partnership, most stock transactions occurred by face-to-face contact, and no one had ever heard of a credit default swap.

Wall Street changes, fast.

What will it look like 50 years from now?

That's anyone's guess, but I asked David Cowen, CEO of the Museum of American Finance and a financial historian, what he thought. Here's what he had to say (transcript follows):