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Reuters: Lazard CEO says Wall St leverage fueled bubble

Started by chris, June 04, 2008, 11:41:16 PM

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chris

Lazard CEO says Wall St leverage fueled bubble
      


NEW YORK (Reuters) - Lazard Ltd  Chairman and Chief Executive Bruce Wasserstein said on Wednesday many of the financial market's current woes stem from years of too much risk-taking and not enough common sense among Wall Street executives.
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