The SEC argues that these derivatives gave the hedge fund an incentive to select mortgage securities that would bomb.

证交会表明这些衍生品给了这个对冲基金激励去挑选会出问题的抵押担保证券。

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The SEC argues that these derivatives gave the hedge fund an incentive to select mortgage securities that would bomb. And bomb they did.

证交会表明这些衍生品给了这个对冲基金激励去挑选会出问题的抵押担保证券。

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He also says an SEC-appointed consultant-for-the-day should select credit-rating agencies on behalf of debt issuers.

ECONOMIST: CFO in focus

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