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Crazyfrog |
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2018/06/29 |
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Incorrect PIN american continental mortgage corp
Focusing on those sort of systemic issues -- as regulators have mostly done since 2008 -- makes sense. Pretending that the 2008 financial crisis was about a series of idiosyncratic technical accounting decisions obscures that focus. The SEC could have tried to shoehorn Lehman into a story of obscure accounting fraud, and it chose not to just because that's not the real story, and because the real story is more important. That seems like a good choice.
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