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Despite multiple failures paid for by taxpayers over the last 20 years the financial industry continues to make money the old fashioned way, buying influence using inside stock deals, taking advantage of investors, buying off politicians and media, and all along extolling the virtues of capitalism.
The meteoric rise and fall of WorldCom has been intimately linked to Wall Street investment firms -- in particular Salomon Smith Barney and its parent company Citigroup. This chronology follows the hi...
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