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Wall Street Setting Itself Up For Collateral Meltdown Daisy Chain All Over … – International Business Times

Sep 132012
 
Wall Street Setting Itself Up For Collateral Meltdown Daisy Chain All Over …
International Business Times
"We just keep piling on lots of operational risk as we convert one form of collateral into another," Richie Prager, not an Occupy Wall Street activist, but the global head of trading at New York-based BlackRock, the world's largest asset manager, told …

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