The central bankers' bank cannot forget what the others never learned
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The central bankers' bank cannot forget what the others never learned

Basel : Switzerland | Jun 30, 2012 at 4:11 PM PDT
Source: Guardian Unlimited
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today the Bank for International Settlements warns that even apparently well-capitalised banks still have 'outsize derivatives positions'. Photograph: Toru Hanai/Reuters There was a famous moment when the Queen asked, within the sacred portals of the London School of Economics, why no one had... FULL ARTICLE AT Guardian Unlimited
 
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