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"Lack of regulation and supervision allowed financial...

  1. spanners
    3,523 Posts.
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    15/05/09
    21:22
    Post #: 5143531
    "Lack of regulation and supervision allowed financial institutions create derivatives and other instruments that they believed would allow them to achieve profits that would in term inflate their bonuses."

    No there were regulations, but deregulation is what got us where we are now quick smart.
    Value at posting: $0.00
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    lightbulb Created with Sketch.  Great analysis
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