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Q: what sort of firm engages in business activity (synthetic CDOs) resulting in profound distress widely suffered in short order by its customers, taking a majority stake on the opposite side of the trade and massively profiting as a result, thereafter subjecting it to reasonable allegations of fraud?

A: a desperate firm with a voracious need for capital?

(Just a thought from an independent observer with absolutely no axe to grind, yet who is very bearish equities in general for the very reason that fraud has become such a mainstay of the financial landscape over the past 10+ years.)

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