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If there had been any question about the subject of this gathering, it was readily apparent before Paulson ever said a word: Conspicuous by his absence was the longest-running member of their tribe, Dick Fuld. Eliot Spitzer, the New York attorney general, then at the top of his game, soon became involved in the matter, suing both fast cash number wigston Grasso and Langone. (The CDS of the venerable investment bank would soar from 497 basis points Monday to 728 basis points
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And thanks to their efforts, he confidently told the lawmakers, the hole in the dike had plugged been. A new urban misery emerged, more visible, more shocking, and in some respects even more extreme than the rural misery of the Old Regime. I detailed the big increase in the size of unregulated pools of capital such as hedge funds and private-equity fast cash number wigston funds, as well as the exponential growth of unregulated over-the-counter (OTC) derivatives like credit default swaps (CDS).
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