Quote:
Originally Posted by dc_dux
Call it something else, if you dont like "unsavory"....the fact remains, it was regulated until 2000.
Hell...call it "putting lipstick on a pig"....its still a pig.
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I don't follow your logic.
I think if highly leveraged investment banks become insolvent they should go out of business. If they lied to investors about the amount of leverage they had, I consider that fraud.