Saturday, January 21, 2012

The 2008 Financial Crisis

The 2008 financial crash resulted from a confluence of forces: deregulation, monetary mismanagement, and reckless irresponsibility by the top management on Wall Street, who lusted after profits with sheer disregard for their stockholders, workers, and clients.(Jeffrey D. Sachs, The Price Of Civilization, p. 124-25)
21 January 2012

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