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The subprime credit crisis in 20 words

"Bad things happen when you really divorce the people who take the risk from the people who understand the risk." So says an anonymous hedge fund manager, about 12-15 months too late.


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Comments (2)


I thought Forest Gump said it shorter and better, "stupid is as stupid does"


That is a fascinating interview... "G-7 crosses" only gets 4 hits on Google!


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