BUSINESS

Derivatives: Wall Street Suddenly Starting To Rethink Selling Risky Securities To States, Pensions And Endowments

06/02/2010 10:22 am ET | Updated May 25, 2011

Wall Street's biggest firms are considering the suitability of selling opaque financial products to governments, endowments and not-for-profit institutions after the contracts magnified credit-market losses that plunged the U.S. into a recession.

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