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The Week That Was - Sept. 21 2008
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I have been witness to many financial market declines over the past two decades and while it is never easy to manage money through those periods, the one reassuring attribute of all those downdrafts is that they were, as we say in the business – “orderly”. However, on two occasions this past week, we were on the precipice of the market behavior becoming disorderly and that was indeed a scary prospect for me and all other financial market participants.
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