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Newsweek Magazine reports that "For 11 years, prosecutors say, (Toshihide) Iguchi took Japan's Daiwa Bank for a ride, losing a fortune trading bonds in New York, while fabricating profits...Two months after mailing Daiwa's president a bizarre letter of confession, the 44-year-old Iguchi was charged with bank fraud. Daiwa's loss: an eye-popping $1.1 billion..."
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