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World Trade Center - Too Big to Fail?

September 11 should stay as a day of reflection on the operation of our financial markets. As such I wonder if the massive removal of senior Financial professionals due the World Trade center disaster was a factor in the collapse of the financial markets last year?

Could it be that professional integrity was so concentrated in the industry that a single disaster removed the ability for the profession to self-regulate itself, to keep it's 'penis' in its pants?

Could be, but who knows?

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