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"I'd say there's some upside just based on a market view," he said.
The general market view was the shares were a "cautious buy", he added.
But what happens to people when the market view of them is different from the one they have of themselves?
"There was a real free market view back then that he was an innovator," Mr. Chanos said of Mr. Milken.
"My market view in July and August was guided, sometimes under considerable pressure, by senior traders around me," Adoboli said.
The dollar and US stocks were also boosted on Monday by a market view that Hillary Clinton had won the latest US presidential debate against Donald Trump.
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The market views a restructuring as highly likely.
The stock market viewed the developments differently, however.
There is some evidence, he says, that the market views the problem in these terms.
The spread is an indication of how the market views the risk of holding Irish debt.
He caught the eye of Jack Kemp, a leading Republican in Washington who shared his free market views.
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CEO of Professional Science Editing for Scientists @ prosciediting.com