On the recordMarch 17, 2009
The trillions of dollars in losses stand as witness to the many failures of risk management at these firms.
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congress.govEditor's note · Context
Reed points out the significant financial losses due to poor risk management.
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I’m not a great mathematician, but I think you were talking about $1 trillion? I believe $1.5 billion times 10 is $15 billion. That’s a little bit off from $1 trillion.
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