Wall Street's Leveraged-Debt Machine Breaks Down

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Big banks are stuck with about $40 billion of risky debt on their books blocking the M&A machine that's enriched bankers and private-equity executives over the past decade. Paula Seligson has more on "Bloomberg Markets: The Close." Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en
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