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BUSINESS
June 20, 2001 | WALTER HAMILTON, TIMES STAFF WRITER
The securities industry's arbitration process has long been viewed as a small investor's last resort to press grievances against a broker. But some investors are discovering to their dismay that arbitration is a two-way street: Brokerage firms also can bring claims against them--often with painful financial results for investors.
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BUSINESS
February 2, 2010 | By Tom Petruno
In the heyday of the securitization industry, when subprime mortgages could be magically transformed into AAA-rated bonds, the Wall Street alchemists who created that trillion-dollar business held their annual convention in the city that fully appreciated the idea of image over substance: Las Vegas. But this year, more than two years into the securitization market's collapse, the industry's annual confab has moved from Vegas' opulent Venetian Resort to a much less glitzy locale: the Gaylord National Hotel, just outside Washington in National Harbor, Md. More than 4,000 people were expected to attend the American Securitization Forum's convention, which officially kicked off Monday.
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BUSINESS
February 2, 2010 | By Tom Petruno
In the heyday of the securitization industry, when subprime mortgages could be magically transformed into AAA-rated bonds, the Wall Street alchemists who created that trillion-dollar business held their annual convention in the city that fully appreciated the idea of image over substance: Las Vegas. But this year, more than two years into the securitization market's collapse, the industry's annual confab has moved from Vegas' opulent Venetian Resort to a much less glitzy locale: the Gaylord National Hotel, just outside Washington in National Harbor, Md. More than 4,000 people were expected to attend the American Securitization Forum's convention, which officially kicked off Monday.
BUSINESS
June 20, 2001 | WALTER HAMILTON, TIMES STAFF WRITER
The securities industry's arbitration process has long been viewed as a small investor's last resort to press grievances against a broker. But some investors are discovering to their dismay that arbitration is a two-way street: Brokerage firms also can bring claims against them--often with painful financial results for investors.
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