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Tag: Invisible Hand

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  • Alan shrugged

    By Marty Kaplan

    October 13, 2008 | 7:35 pm

    What went wrong?

    Greed is only part of it. Yes, the people who sold subprime loans to unqualified buyers were concerned about their cut, not about ARMs spiking and home prices falling. Yes, the Wall Street wizards who sliced and diced collateralized debt obligations were greedy for...

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