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Friday, August 17, 2007 12:00 AM

Panic on Wall Street

You've heard about the home-loan bust, but do you know your derivatives from your tranches? Read Salon's easy guide to understanding the current market freakout.
By Andrew Leonard

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  • Friday, August 17, 2007 04:54 PM

    Betting v. investing v. motivation

    With regard to Aynatt: Your distinction is generally ok, but doesn't investing for the long haul involve "betting" that the entire economy will not tank any time soon?

    As for the SEC, CDOs and the like how about everyone's GREED? No acronym intended.

    —rcleslie Read rcleslie's other letters

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