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09/19/09
Risk-taking is back for banks 1 year after crisis
Filed under: General, Business, Mortgages
Posted by: Lillian Wong @ 12:22 pm

NEW YORK – A year after the financial system nearly collapsed, the nation’s biggest banks are bigger and regaining their appetite for risk.

 

Goldman Sachs, JPMorgan Chase and others — which have received tens of billions of dollars in federal aid — are once more betting big on bonds, commodities and exotic financial products, trading that nearly stopped during the financial crisis.  more…



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