Wall Street Loses Its Immunity

New York Times by Paul Krugman | Oct. 17, 2011 (Opinion)

Then came the crisis, which proved that all those claims about
how modern finance had reduced risk and made the system more stable were utter nonsense. Full Story »

Posted by Manfred Ostrowski - via Tim O'Reilly, Paul Krugman, Dave Winer, AllTop, New York Times (Opinion), New York Times (Most Emailed), David K. Miller (t), Jeremy Caplan (t), Kaizar Campwala (t), Salvador Sala (t), Umbreen Bhatti (t), George Moga (t), Ron Steffens (t), Johan Jessen (t), barbara trummpinski-roberts (t), Kristi Hancock (t), Donica Mensing (t), Mark Pegrum (t), Jeppe Kabell (t)

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J. B. Van Wely
4.0
 by J. B. Van Wely - Oct. 20, 2011

It's a very good opinion piece, and there are facts to back it up. That said, it's an opinion piece and so states the facts as givens, rather than providing concrete evidence. Krugman is a good writer and a good economist. This essay makes the point very succinctly.

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