If you can find the video link on this page,
This short piece talks about what the problem is in the Financial industry..
Then we will get derivative problems. 600 Trillion in them.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Monday, November 26, 2007
Mortgage mess
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