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11/24/07
Wall Street’s cushy exile
Filed under: General, Business, Mortgages
Posted by: Lillian Wong @ 1:56 pm

(Fortune Magazine) — Even if you flame out on Wall Street, you still get to keep the money. That’s one of the lessons we learn from the fall of Chuck Prince and Stan O’Neal, who have bitten the dust because Citigroup and Merrill Lynch had to take billions in losses on securities that were overvalued on their books.   More…

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