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In simplest terms, reports CBS News correspondent Elizabeth Palmer, Joseph Cassano sold big banks and brokerage firms insurance against their investments dropping in value. Now he, and those deals, are being blamed for AIG’s collapse.
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Stanford investment chief sues to recoup funds
Stanford Financial Group’s chief investment officer Laura Pendergest-Holt files suit against underwriters who work for Lloyd’s in effort to recoup funds to pay for her defence – News widgets and RSS feeds on Feedzilla.com
The Top 10 Hispanic-Owned Investment Advisory Firms
Strategic Investment Group, Arlington, VA
For more information on this list, see our story, Money Managers Urge Prudence
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