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Bad Risk Management – Not Secret Bailouts – Killed These Clients

From The Big Picture
January 10, 2013 - 7:28am
“If this particular broker had known exactly how far the bailouts reached, neither he nor his clients would ever have lost so much. But during the crisis it was decided, by people deemed more important than small-town investment advisers and their clients, that the full story of the bailouts didn’t need to be told.”   [...]

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