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" high end” of finance—the investment banks, junk bonds, hedge funds, mortgage-backed securities, private equity, quants, etc.—and this is where many of the astronomical earnings have shown up in recent years. "

Abhijit V. Banerjee , Good Economics for Hard Times: Better Answers to Our Biggest Problems


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Abhijit V. Banerjee quote : high end” of finance—the investment banks, junk bonds, hedge funds, mortgage-backed securities, private equity, quants, etc.—and this is where many of the astronomical earnings have shown up in recent years.