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Surveillance: Barclays' Rogoff on Fed Cuts

Bloomberg Surveillance

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How Banks Compete With Banks Aided by the Government

The Wall Street Journal editorial lays out the first whatever it is, a bank that went up 45% yesterday. That's going to be a huge difference when we see earnings come out in a few weeks. How do other banks compete with someone so aided by the government of the United States of America? A lot of it comes down to individual relationships with bankers.

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