"Everybody says firms such as hedge funds were not at fault in the recent crisis, but look at their role when Bear Stearns went down and the recent event involving Goldman Sachs."

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"Everybody says firms such as hedge funds were not at fault in the recent crisis, but look at their role when Bear Stearns went down and the recent event involving Goldman Sachs."

--Sharon Bowles, chair of the European Parliament's influential Economic and Monetary Affairs Committee, on why all financial institutions should be subject to the International Monetary Fund's proposed levies on profits and remuneration.

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