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Note To Banks: It's Not 2006 Anymore

By Gretchen Morgenson
Published: March 26 2011 NYT

NOSTALGIA is running high on Wall Street for the days when junk mortgage underwriting and opaque derivativestrading juiced bank profits. As regulators continue to devise the machinery of the Dodd-Frank regulatory reform law, major financial institutions are working overtime in Washington to bring the good times back again.

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