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Strategies & Market Trends : 50% Gains Investing
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To: John Vosilla who wrote (94165)9/18/2010 9:21:50 AM
From: Dale BakerRead Replies (2) of 118717
 
Yes a HUGE part of it could have been avoided though it's possible that stand alone investment banks could have done the same stuff, and AIG could still have operated in the gaps between insurance regulators.

I have no doubt that Washington could have stepped in and shut it off or kept it under control if they had cared to. But that was not the mood at the time.
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