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Bad IT also let them create these derivatives and have no idea how much risk was actually in them, hell, how much money was in them. You sound like you think t
by gizmomagico 16y ago
Bad IT also let them create these derivatives and have no idea how much risk was actually in them, hell, how much money was in them.
You sound like you think the bullshit derivatives etc were an accident? As if the people slicing & dicing bad mortgages into CDOs etc didn't know what they were doing?