Eddleman, then at Coastal Securities, urged his well-heeled clients to buy the bonds.
FORBES: Chinese walls, European-style
V. went bankrupt five years ago, it looked to Houston, Texas, analyst William Eddleman like a slam dunk for the bondholders.
What Eddleman, Schuman and other savvy investors failed to appreciate was the incestuous nature of the European banking and securities businesses.
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