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Insight: Seeds sown in murky finance

By Gillian Tett

Published: October 1 2008 17:24 | Last updated: October 1 2008 17:24

A couple of years ago, a senior investment banker berated me for using the word “murky” to descibe the world of structured finance. “It’s not opaque,” he said indignantly. “You can get plenty of information if you know where to look on a Bloomberg machine.”

“But what about those people who don’t have a Bloomberg machine?” I asked. Or a Reuters terminal, say.

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