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In other words, the "left" has lost the battle of narratives on the financial crisis already, without firing a shot.

We have met the enemy, and he is us — Pogo
by Migeru (migeru at eurotrib dot com) on Sun Feb 17th, 2008 at 04:08:05 PM EST
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I could have sworn Northern Rock Plc was a private sector failure: silly me.

You can imagine what would have been said had it been - shock horror - a mutual.

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Sun Feb 17th, 2008 at 04:15:38 PM EST
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Isn't Brown personally responsible for demutualization? Didn't Abbey's demutualization also lead to failure a few years ago so that it ended up bought out by a foreign banking group?

We have met the enemy, and he is us — Pogo
by Migeru (migeru at eurotrib dot com) on Sun Feb 17th, 2008 at 04:47:01 PM EST
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