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As he made his way through the crowd, Fuld kept an eye out for Paulson, whom he hoped to buttonhole before the dinner began. He felt they were about to go into crisis mode and feared another Bear Stearns-like weekend.
On a pad that morning, Geithner started writing out various merger permutations:Morgan Stanley and Citigroup. Are you fucking kidding me with this?
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The more likely explanation is that the entire sequence from September 6 through 10 was a signal amplification caused by a small initial trade insider. Today, some of them are even more important than monopolistic and oligopolistic firms in shaping our economy. With organizations scrutinizing every expense for bottom-line impact, every bit of helps savings. So whenever she was handed one, I would pass Willa off to another family member or take the flag away.