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It's official - Timberwolf is a "tulipy deal" (as reported by The Guardian)

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    It's official - Timberwolf is a "tulipy deal" (as reported by The Guardian)

    "Another, a $1bn package called Timberwolf, was branded as a "tulipty deal" in an internal email by Thomas Montag, then Goldman's head of sales and trading for the Americas."

    Source: Goldman Sachs: Fabrice Tourre defends his 'Frankenstein products' | Business | The Guardian

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