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'Cathartic': Why markets like the big banks' poor results

Story date: 2007-10-04 01:41:00
Added on: 2007-10-04 16:00:25


MSN MoneyCentral - ... that, after weeks marked by rumour and uncertainty, investors were happy to have the bad ... mortgage and private equity advisory businesses to match revenue reductions, bringing mortgage-related redundancies at Bear Stearns, Lehman Brothers, Credit ...


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