Friday, September 19, 2008

ABC News: Who's Whining Now? Gramm Slammed By Economists

"This is a mentality that doesn't understand the nature of systemic risks in financial systems," says Joseph Stiglitz, Nobel Prize-winning economist and former chairman of President Clinton's Council of Economic Advisers. Economic experts say that Gramm and others are to blame for the current crisis that is shaking Wall Street.

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