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Years of benign economic conditions and abundant liquidity had led investors to reach for yield; market participants and regulators had become complacent about all types of risks. From about 1968 on, trade deficits began to rise just as the hollowing out of certain industries that the Japanese government had targeted became 1800 cash call loan more visible. When Kelleher looked down at the caller ID, he saw it was a number in Japan and walked to the corner of the restaurant.8 billion of the amount transferred to Goldman was in exchange for securities that it had been holding.
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