It was supposed to be one single out-of-control Wall Street bank. When authorities were forced to look into the matter, what they uncovered was a shocking. Not one but EVERYONE. Yet, after uncovering what was going on, the full astonishing scale, they never figured out WHY. And that was the whole thing, what the scandal said about a world that had already drastically changed.

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Treasury Joint Report on the Government Securities Market (Jan 1992)
home.treasury.gov/system/files/276/joint-report-on…

LA Times Taming the Bond Buccaneers at Salomon Brothers : How Warren Buffet and friends swept up after the Salomon scandal, possible saving the firm from federal regulators furious after a decade of skuldggery [sic] on Wall Street.
www.latimes.com/archives/la-xpm-1992-02-16-tm-4654…

SEC Chronology of Salomon Scandal
www.sechistorical.org/collection/papers/1990/1991_…

Jay Powell Treasury Markets and the TMPG (Oct 2017)
www.federalreserve.gov/newsevents/speech/powell201…

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