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... an.

One was that by acquiring LTCM, Alpha Fund would gain a reputation for deep expertise in derivatives.

And the other... was to incite moral hazard among Wall Street banks.

‘So that’s why the Glass–Steagall Act was repealed, huh.’

She had always wondered what was behind J.P. Morgan’s merger with Chase to form a corporate behemoth, but now the logic behind it clicked into place.

In any case, here’s what mattered: once you identified the core purpose behin ...

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