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Gerald J. Russello

Gerald J. Russello is a practicing attorney and editor of the University Bookman.
Articles by Gerald J. Russello

The Rise of the Financial Economy

Remember auction rate securities? For decades, financial institutions hosted “auctions” of these fixed-rate instruments for buyers and sellers. They were considered so safe, and the auctions (where the interest rate would be “reset” depending on the level of interest in the securities, among other factors) so routine, that auction rate securities became an alternative to money…

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