Loose Change

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Loose Change

The mystery has been solved. After the Loan Market WeekÕs Best Trading Desk Awards, Salomon Smith BarneyÕs award for most improved distressed desk was missing. No one was there to accept the award so it was left on the awards table. Word is that dealers from J.P. Morgan, who had won an armful of awards that night, assumed that SalomonÕs award was just another one of theirs and mistakenly swiped it. They later returned it to Salomon.

 

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