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Success Breeds Failure: Paul Krugman
Now that the financial clouds have lifted a bit, the pushback against sensible regulation is in full swing. Wall Street did an end run around regulation. There's every reason to believe that the next crisis will be bigger still-and that the Fed won't have enough duct tape to hold things together.
to read Paul Krugman's article published in: Spiegel, 5/5/2008, click on
http://www.spiegel.de/international/0,1518,551410,00.html
http://www.spiegel.de/international/0,1518,551410,00.html
For more information:
http://www.mbtranslations.com
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