During Clinton's first term a scam about Treasury auctions was busted. How did tthey fix the autions, and would telecasting these auctions help avoid future fixes?How did this scam work and would telecast stop future ones?
I vaguely remember that Salomon Brothers tried to corner the market on certain govt securities. Don't remember all the details, but after the CEO of Salomon was axed, Warren Buffet had to act as CEO for a year.
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