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Why Fed Chairman Ben Bernanke tore up the rule book

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This ad for investment advice also contains some important info: Just five major U.S. commercial banks control 97% of all the bank-held derivatives in the United States, a concentration of power - and risk - unsurpassed in the history of finance.
The bailout of Bear Stearns may also have been a bailout of JP Morgan-Chase!

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Related Topic(s): Bailout; Banks; Currency Devaluation; Derivatives; Money; Power; Present Value Dollar, Add Tags

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