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Chinese College Kid’s Secret Stock Trade Shows Moral Hazard
©2015 Bloomberg News NRGFHF6KLVR6 (Bloomberg) — Lu Tao can’t sleep. He gets bouts of panic at night. And he’s too afraid to tell his parents why. The 23-year-old university student in Hangzhou, a city on China’s eastern seaboard, has a stock-market problem. He borrowed 200,000 yuan ($32,215) from mom and
Hillary Clinton’s Attacks on Wall Street Ring Hollow: Editorial
©2016 Bloomberg View O21SJW6JTSEX (Bloomberg View) — It’s nice work if you can get it: In 2013, after stepping down as secretary of state, Hillary Clinton earned $9.7 million in speaking fees — a lot of it from banks and investment firms, including $675,000 for three speeches to Goldman Sachs.
