9 P.M. (13, 49) MONEY, POWER AND WALL STREET In the summer of 1994, in a luxury hotel in Boca Raton, Fla., a team of JP Morgan bankers in their 20's devised an insurance product for loans called a credit default swap, and in the process fueled a golden era of profits for the banking industry. But what was originally intended to stabilize the financial system eventually brought it to its knees,...
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