Legal
Rogue trading: why are speculators free to gorge on yet another acronym?
Remember sub-prime securities and all the other toxic financial instruments (RMBS, CDOs, CLOs etc) that made up the alphabet soup of the financial crisis? They were sliced, diced, fried and half-baked by City speculators, then given an AAA award by the rating agencies. We, the taxpayers, were cucumbered by the…
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Click here to read the full story: The Guardian