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Peter Borish on Lessons From the 1987 Market Crash

Masters in Business

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The Infamy of the 87 Crash

CNN's John Defterios has worked on Wall Street for more than 30 years. He says he was lucky to get a job at the Federal Reserve Bank of New York in 1982. At that point foreign exchange and futures and derivatives were just starting, defterios says. The former Fed economist is now one of the most successful traders alive.

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