Wednesday, Sep 17, 2008
A nice potted read
Telegraph online: Capitalism - it's painful, but it works
After a year of grim financial news, it would be easy to dismiss the collapse of Lehman Brothers as just another bad day at the office. Easy, but wrong.
This is a rare defining moment, when regulators call the bluff of those who say that the demise of such an important bank will ruin our economic infrastructure. It is the day of reckoning.
Posted by stever @ 07:36 AM (148 views) Add Comment
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