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At the same time you cannot blame them too much for the catastrophe. You see, they had groups of advisers who they thought were looking out for their best interests. These people had been in the securities industry for decades and they had consistently delivered good results. There was no reason to suspect that they did not have a clue what they were doing. Anyone could have made the same mistake in any other set of circumstances. Unfortunately for the victims, this happened to be a multi-billion dollar adventure that they lost in the end.

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