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Of course it had nothing to do with that 30 to 1 leverage the investment banks were undertaking. Or lack of regulation. Or lack of enforcing exiting regulatio
by quoderat 18y ago
Of course it had nothing to do with that 30 to 1 leverage the investment banks were undertaking.
Or lack of regulation.
Or lack of enforcing exiting regulation.
Or Greenspan's successive bubble-blowing.
No, couldn't be any of those things.
I can't believe anyone voted this crap up.