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Righting the Wrongs of Excess

Thursday, 28 May 2009 | 5:30 AM ET

â??Weâ??ve still got further to go to work off the excesses of the period of 2003 into the beginning of 2008,â? Douglas Peta from Peta & Associates told CNBC Thursday. He said those problems wonâ??t be fixed in the short-term.