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Examples
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Don't you think that creating the CDS (credit default swap) market which ended up being a $62 trillion dollar market (an increase from $900 billion in 2000), which is FIVE TIMES the size of the holdings of the New York Stock Exchange, allowing brokers to dip into hedge funds and use their money to speculate on the scock market did more damage than a man in Des Moines who was unable to meet a payment on his mortgage?
On Thursday, the Legg report will be published along with... 2008
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