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Wall Street's Giants Try 'Flow Monster' Formula

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Soul searching about the lack of changes to make the financial system safer after the 2008 global financial crisis

01/15/2010

Soul searching at the IMF, Britain's Financial Services Authority and among experts about the lack of serious changes or reforms in the financial system after the global financial crisis of 2008. Bondholders did not take a haircut in Ireland, and large banks are still "too big to fail." A sense that this could happen again.

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