Special report: Mike Fahy on Wall Street

WE’RE outside the New York Stock Exchange, which for the past half century has represented the epicentre of Western capitalism. Yet our tour guide, Andrew, a former bond trader at Deutsche Bank whose desk made millions shorting his own bank’s dodgy collateralised debt obligations (CDOs), argues that the events of the past couple of years mean this building is nowhere near as influential as it once was . . .

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