Irony

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The biggest irony I have seen in a long time is prime brokers being targeted by hedge funds. Hedgies are all ex-ibank traders. The primes got them started, they made them famous, they armed them to the teeth with leverage, with technology. They made them what they are. And then, when the children turned on them, the ibanks ran to the Feds, begged for protection, and claimed market abuse. Ironic.

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