CMKM Diamonds Inc. (fka CMKX)

[jimmym4]

In 2004, at the request of the major Wall Street investment houses, including Goldman Sachs, then headed by Paulson, the U.S. Securities and Exchange Commission agreed unanimously to release the major investment houses from the net capital rule, the requirement that their brokerages hold reserve capital that limited their leverage and risk exposure.

So old Henry Created THE PROBLEM


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