The New Reality

- WatersTechnology Staff
- 01 Aug 2009

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While we have recently begun to see some glimmers of hope, it should be no surprise that the economic upheaval during the last 18 months continues to weigh heavily on the financial services industry. The meltdown, which fully hit in the autumn of 2008, and was brought on by numerous factors-including risk deficiencies, exotic securities and increased leverage-first morphed into discussions around firms that are too big to fail, stress tests, and additional government funds, and has now settled

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