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2008 Review: Credit Crisis Whacks Equities Pros

Turbulent Times

Traders Magazine, December 2008

Peter Chapman

Now everyone works for a commercial bank. In the past, whenever a commercial bank took over a hard charging, risk-taking, entrepreneurial investment bank, its traders complained bitterly about stifling bureaucracy and overly cautious overlords. Many departed for other firms. Others stayed and grumbled.

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