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"The only solution is to shut the derivatives markets down completely, declaring all derivatives transactions null and void, and thereby eliminating all claims. The speculators reject this approach--when the solution is a flea dip, the fleas will never accept the solution--but we must clean up the mess these parasites have made, and that begins with shutting them down. They have failed, their system has failed, and it is past time to admit that, and let the adults take over. It is the only sane path."
-Emmanuel Roman
(of hedge fund giant GLG Partners)