Tuesday, September 16, 2008

Bush's disastrous financial rescue strategy

As the pillars of Wall Street crumble one by one, temporizing with taxpayer-funded bailouts becomes less feasible. Lehman's not getting a handout. But if large-scale privatize-gains, socialize-losses emergency measures are winding down, does this means the investment community will actually end up paying for its own indiscretions? Read on.

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