Squawk Box

Wall Street "Socialism", the new moral hazard

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Contrarian position on whether profits should be privatized and losses socialized - that's where this is going - highway robbery of main street by wall street. Thanks Dr. Roubini for making the obvious obvious. A nice deconstruction of self regulation as no regulation.

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Rivkin, Roubini, CNBC, 1, 2, 3

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On CNBC discussing the financial crisis with Nouriel Roubini, of
RGEMonitor.com and Jack Rivkin, former CIO of Neuberger German
; parts 1, 2 and 3.  Thanks Micromacro101.

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