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Tuesday, February 24, 2009

Recipe for Disaster: The Formula That Killed Wall Street

Read this article.

Actually, the top people in Wall Street don't care. This formula allows them to show billions of profit, on which their bonuses are calculated. When the global financial system collapsed, they disappear with their big bonuses. They don't have to pay back or suffer the loss, which is borne by the rest of the world.

What greed!

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