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Latter-day Gordon Gekkos are making the most of this year's merger frenzy.
Global M&A volume has surged. Monday's Alcoa(AA Quote)-Alcan(AL Quote) bid put announced worldwide merger volume over $2 trillion for 2007, according to Dealogic -- marking the earliest date that figure has been breached.
Wall Street records aren't all that's being broken, though. Regulators have been cracking down on alleged abuses of securities laws tied to the wheeling and dealing. ...
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