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Word: cosserat (lookup in dictionary) (lookup stats)
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...revelation that $85 million of the $255 million in the reserve fund of the Association of French Stock Exchanges, a stockbrokers' group, had been gambled away on speculative investments. In the wake of the scandal, the president of the association, Xavier Dupont, and one of his top deputies, Philippe Cosserat, resigned...

Author: /time Magazine | Title: STOCK MARKETS: Another Crash At the Bourse | 6/27/1988 | See Source »

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