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Call out the lifeboats and admit that you are sunk without a US$60 billion rescue package. Or, try to fund yourself in the capital markets, and risk coming home empty-handed. Who would want to be Greece?
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U.S. President Barack Obama's administration and Congress continue to ignore the primary cause of our financial debacle and to propose reforms that badly miss the mark.
Just how out-of-touch can Lloyd Blankfein be?
As Wall Street bombshells go, the lawsuit that the Securities and Exchange Commission filed against Goldman Sachs Group Inc. is about as big as it gets.
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