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Glasman seems to imply that the Great Financial Crisis was created in the City, entirely without the "aid" of Wall Street.

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman
by dvx (dvx.clt ät gmail dotcom) on Sun Mar 14th, 2010 at 04:31:58 PM EST
City pride!

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun Mar 14th, 2010 at 11:16:45 PM EST
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