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I'll buy $20 million.
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Oh, come on, live a little.
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$25 million.
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The money came raining down,
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and for the first time,
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the banker went from the country club to the strip club.
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Pretty soon, stocks and savings were almost inconsequential.
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They were doing $50, $100, $200 billion
-
in mortgage bonds and dozens of other securities a year.
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And America barely noticed as its number one industry
-
became boring old banking.
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And then one day, almost 30 years later, in 2008,