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"Over the past thirty years, Wall Street has honed the art of creating and selling financial products with an increasingly tenuous connection to reality. It has been an extraordinarily creative period - a modernism of money, with an equivalent trend toward abstraction. Relatively simple derivatives evolved into ever more arcane contrivances. The risk and the leverage piled up, and, in the short term the billions rolled in. This is over now."
The New Yorker, Talk of the Town, Dept. of Magical Thinking, "Wiz Bucks" by Nick Paumgarten
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