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Securities scam: Harshad Mehta throws banking system, stock-markets into turmoil

He was a stock-broker who became a millionaire by manipulating markets in a way no one had ever done before. As his game comes unstuck, the banking system and stock-markets are thrown into turmoil.

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"There's this theory about the next fool around the corner," says G.V. Ramakrishna. "But we may not have an inexhaustible supply of fools, the men who are left holding the can when there's nobody at all to pay a higher price."