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Undermoney (guest: Jay Newman)
The Market Huddle
What Was the Next Step in the Debt Crisis?
Banks got annoyed that these kids on wall street were making money ing loans they had originated. And so they all got into the business, and all of a sudden, it wasit, it became a big business because hre jus more people in it, making, making markets. As it moved, like i assume it was just you and another person at the beginnings, what were the next steps?
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