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Tuesday, September 10, 2013

Life on Wall Street Grows Less Risky - WSJ.com

Life on Wall Street Grows Less Risky - WSJ.com:

Michael Reed, who worked at the PDT desk for 16 years before leaving in 2010, laments the decline of the firm's trading culture. "Personally, I find it sad," he says. "They used to be a peer of Goldman Sachs. Now, they're just another retail brokerage."

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