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June 19, 2012

Want To Make Risky Trades with No Brakes? Go To London

“Pop quiz time. Which U.S.-based financial services firm used the U.K. to make losing trades that caused embarrassment, regulatory scrutiny and much worse: MF Global, AIG, Lehman Brothers, or JPMorgan?”

“Answer: All of the above.”

Read the full Op Ed here.

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