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Lawrence G. McDonald: The Volcker Rule external link

Huffington Post | by Lawrence G. McDonald | Mon, Jan 25

The clowns running Citigroup (C) and Bank of America (BAC) risked depositor money by investing over $250 billion in mortgage backed securities, much of it in off balance sheet SIVs, rolling the dice and leaving Uncle Sam to hold the bag. These two behemoth institutions crippled the banki...

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