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The Bank Bailout of 2008 was Unnecessa

The Bank Bailout of 2008 was Unnecessary Photo Source Xavier | CC BY 2.0 This week marked 10 years since the harrowing descent into the financial crisis — when the huge investment bank Lehman Bros. went into bankruptcy, with the country’s largest insurer, AIG, about to follow. No one was sure which financial institution might […]

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Albert Edwards: Why We Are Destined To Repeat The Mistakes Of The Past

Albert Edwards: Why We Are Destined To Repeat The Mistakes Of The Past With everyone and their grandmother opining on the 10 year anniversary of the start of the global financial crisis, it was inevitable that the strategist who predicted the great crash (and according to some has been doing the same for the past […]

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Bernanke, Geithner and Paulson Still Don’t Have a Clue About the Financial Crisis

Bernanke, Geithner and Paulson Still Don’t Have a Clue About the Financial Crisis NYT readers were no doubt disturbed to see a column in  which former Fed Reserve Board chair Ben Bernanke, Obama Treasury Secretary Timothy Geithner, and Bush Treasury Secretary Henry Paulson patted themselves on the back for their performance in the financial crisis. […]

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James Grant Responds To The Bernanke-Paulson-Geithner Op-Ed

James Grant Responds To The Bernanke-Paulson-Geithner Op-Ed Authored by James Grant of Grant’s Interest Rate Observer Wealth defect Over the weekend, Global Financial Crisis-era policymakers Ben Bernanke, Timothy Geithner and Henry Paulson brought the band back together to pen a New York Times opinion piece. After sharing their self-exonerating analysis of the events of 2007-2009 […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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