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从这件事上看好的risk management 还是很重要的
从bear stern, EURO Curve, 到lehman。 一路看过来还是老板们的经验和眼光厉害
only those who experienced those big bangs will be good risk manager
The market just express the view that: standalone IB cannot survive in the crisis.
南帝,北丐, 中神通都倒了。下面就看GS和MS东邪西毒了。WaMu maybe next one...
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