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Prof. Roy Smith on Wall Street firms working with SAC Capital Advisors in spite of its legal issues

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Excerpt from Bloomberg -- “'The presumption is that if JPMorgan should resign the business, then someone else would do it,' said Roy Smith, a finance professor at New York University’s Stern School of Business and a former Goldman Sachs partner. 'These people all say we serve our clients, so if our clients get into trouble, we serve them as long as we can.'”

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