Anchor: In effect, they believe the LTCM story is mainly an updated version of what happened to the savings and loans, in which government guarantees underwrote an era of high-rolling risk-taking.
Entailed: It is an updated version of the savings and loans government fiasco according to their belief.
Contradiction: They are not concerned.
Contradiction: The two guys are naked
Contradiction: Jon was impressed by the snow caps.
Contradiction: The people are racing in a marathon with boots on.
Contradiction: The person is an independent outsider.