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Guy Sears, director of the Investment Management Association

18 Jul, 2008 @ 09:11 am EST

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Dow Jones - "Crosby shouldn't be expected to find a magic solution in the middle of a market that's got so many difficulties. If the crisis has shown us anything over the last year it's that markets are intertwined: so you can propose a solution in one particular area but while there remains such low levels of confidence (in financial markets) any solution is likely to be severely hampered."

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