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Thomson Reuters Corp

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This is objectively incorrect lol. Tri color’s failures were because they promised 1 sub prime loan to 2 different facilities without any safeguards in place to check if they double promised. Completely different scenario.
In fairness Tri color’s failures were they were double borrowing and lying. Thanks to Dodds frank we actually caught this as a regulated sector SIGNIFICANTLY earlier than we would’ve pre 2008. It’s not like all the other players in the space were doing this.
I don't know what that is but it sounds gross. Smoke a tri tip or something
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