2008-10-30 — bloomberg.com
``By December, Mizuho had halted its U.S. CDO business. It fired Rekeda and at least four others on the team, putting an end to the bank's one-year experiment with American financial technology.''
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bruce3681 at 16:21 2008-10-30 said:
Its been such a short time since Japan found herself in dire financial straights due to troubled loans. Apparently, the lessons from the 80s went unlearned. The Mizuho story is a sobering account of how history repeats. Permalinkadd a comment | go to forum thread
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