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« John Thain, the Averter of Calamities | Main | A few quick links »

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Morgan Stanley and Merrill chiefs forgo bonuses

And should the CDS markets be shut down? John Dizard thinks so. They aren't bad in themselves, but, like automatic weapons, they allow the foolish to amplify their folly very effectively...

Posted by Alexander Campbell on December 9, 2008 5:30 PM |

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