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Spain Reminds Me So Much of Lehman: Pro

Monday, 18 Jun 2012 | 5:45 AM ET

"The market is really focused on Spain because it reminds me so much of Lehman, when the market distrusts the banking infrastructure, that's when you get this type of push, it is really a tug of war," Larry McDonald, Sr. director of credit sales and trading at Newedge, told CNBC.