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Not directly related to the article, but in case someone is interested, Salomon Brothers went through some brutal scandals before imploding. See https://en.wikipedia.org/wiki/Salomon_Brothers#1990s_treasur...

Some of this is documented in the book "Liar's Poker" by Michael Lewis, who went on to write "Moneyball" and "The Big Short."




You can also read The snowball : Warren Buffett to get the view about the crisis from the top guy.




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