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by JumpCrisscross
1179 days ago
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> debatable the Fed's intervention was even necessary and the concerns they had about the effects of LTCM’s failure on global financial markets were mislead and greatly exaggerated As much as the Fed's involvement in 2008. If your claim is GS-GLB financial history was sanguine, I've got a bridge to sell you. Pointedly: if you want to tank a financial regulation bill, bring up Glass-Steagall. |
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