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The really interesting issue is whether the Fed cut rates by mistake. WSJ: "The U.S. Federal Reserve remains comfortable with its decision to cut interest rates in spite of news today that the preceding stock selloff may have been related to SocGen's unwinding of trades."
Jan 24 17:45 pm
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All Comments by Long-Short Guy »Societe Generale Trader Causes $7.1 Billion Loss in “Exceptional Fraud” [View article]