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Adam Townsend: Wall Street, Policy, and Wealth Generation (EP.13)
Infinite Loops
Wall Street Is a Much Smaller Place Than You Think It Is
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Wall Street is a much smaller place than you think it is. Bear Stearns and Lehman Brothers were the two firms that did not take part in the long term capital management bailout. Very few companies fold, but bear assurance was one of them. It got taken over by JP Morgan.
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