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Personal Finance > Millionaire Now! by Larry Nusbaum

The Carry Trade

Millionaire Now! | Sat, 11/07/2009 - 7:05am |  Add a comment

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How is Wall Street able to make so much money and pay such huge bonuses this year? IPOs aren't hot. Investment banking is slow. Managing rich people's money is less profitable, as rich people are less rich. So where are the profits coming from? It's coming from The Carry Trade . Befo
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