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Wall Street Watch: September marks a number of nefarious anniversaries. We look at the ramifications of last year's Lehman collapse as well as some other controversies roiling the markets, finishing up, of course, with the Friday Funnies. It's good to be back—sorta.
Wharton professor Frank Allen shares his interpretation of the reported gains at JPMorgan Chase and Goldman Sachs—and worries about moral hazard created by government bailouts and stabilization efforts.
Wharton expert Jeremy Siegel offers his views on how the recently reported gains at JPMorgan and Goldman Sachs reflect the current state of the financial industry.
The mere threat of a financial firm's failure can dominate headlines and airwaves for days. That's largely because it's seen as so rare. But according to the research of Andrew Kuritzkes, the fall of big financial firms is relatively common.
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