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Goldman said exonerates $250m trader

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Goldman Sachs has conducted an internal review of transactions made by an employee who generated $250m trading junk bonds, finding that they didn’t violate a ban on buying and selling for the bank’s own account, according to people with knowledge of the firm’s actions.

The Next Lehman ?

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Less than five years on from the bankruptcy of Lehman Brothers the world is maybe facing another crash of epic proportions.

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The Next Lehman ?

Less than five years on from the bankruptcy of Lehman Brothers the world is maybe facing another crash of epic proportions.