Professor Stiglitz' on "Financial Alchemy"

Thursday, September 18, 2008 | 12:30 AM

Professor Stiglitz' explanation of the "financial alchemy" responsible for the collapse of Lehman Brothers: "The Fall of Lehman Brothers"

Professor Stiglitz then addressed the question of whether Lehman's executives should have to answer for their decisions:  "Should We Hold Lehman's Executives Accountable?"


Stiglitz also looked beyond the headlines, drawing attention to the less visible factors influencing America's economy: "How Foreign Governments are Buying America"




See also:
How to prevent the next Wall Street crisis   
Joseph E. Stiglitz
9:19 a.m. EDT, Wed September 17, 2008
http://www.cnn.com/2008/POLITICS/09/17/stiglitz.crisis/index.html

Thursday, September 18, 2008 | 12:30 AM | Permalink | Comments (34) | TrackBack (0)
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Comments

A rather damning indictment for the entire financial industry. Deliberately and purposefully seeking out a greater fool to sell too. If those fools have deep pockets, certainly hope they don't see this video as they may become a tad bit less of a fool next time we come calling. Considering we got ourselves completely dependent now on foreign fools for financing, seems there are plenty of fools here and overseas to go around.

Posted by: Stuart | Sep 18, 2008 12:46:42 AM

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