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You won't believe this, but - Merrill Lynch Accused of Same Fraud as Goldman

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jtuck004 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-17-10 10:25 PM
Original message
You won't believe this, but - Merrill Lynch Accused of Same Fraud as Goldman

Sachs; Tip of the Iceberg of Fraud Charges

http://globaleconomicanalysis.blogspot.com/

I think Mish's politics are not well thought out, but his data sure is thought provoking...
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BrklynLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-17-10 10:30 PM
Response to Original message
1. I Am Shocked, I Tell You. Just Shocked!
Captain Renault/Claude Raines 1942
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Grand Taurean Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-17-10 10:36 PM
Response to Original message
2. JP Morgan, Bank of America, Chase, AIG
Deutsche Bank, HSBC, etc...All of the big banks were involved in making questionable transactions.
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safeinOhio Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-17-10 10:43 PM
Response to Reply #2
3. Think they'll save some cash and out source
all that new legal work to India?

:shrug:
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dchill Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-17-10 10:46 PM
Response to Reply #3
4. They should, in this case...
outsource it to Casablanca.

:shrug:
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peacetalksforall Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-18-10 01:00 AM
Response to Reply #2
6. Deutsche Bank - maybe we'll get all the way back to the put-options.
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Grand Taurean Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-18-10 05:27 PM
Response to Reply #6
7. Perhaps that will occur.
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applegrove Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-17-10 10:48 PM
Response to Original message
5. In the early 1990s business schools began to teach business that
your competitors were not your only competators but so were your customers and your shareholders. And look what happened.
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