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Current Events Could make the World a Better Place

The New York Times' Julie Creswell and Ben White said it is "The end of an era."

They describe yesterday's Wall Street as "a world of big egos...where people love to roll the dice with borrowed money...in search of ever- higher returns," and what those returns can buy. A place where private equity firms "amassed giant funds and went on a shopping spree, snapping up companies as if they were second wives buying Jimmy Choo shoes on sale."