Wall Street Manna

An irreverent look at Wall Street

Tuesday, November 25, 2008

WSJ's advice to Obama: Assume every bank will fail

One way for the new administration to take a more proactive approach: Assume every bank that matters will fail, plan accordingly and think through the unintended consequences of whatever approaches are put into place.
http://online.wsj.com/article/SB122755818525853981.html

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