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Inappropriate comparison. ...

Good points.

I don't know what Paulson/Bernanke were thinking when they let Lehman fail.

Krugman made a similar point the other day:

Just worth pointing out: Henry Paulson's decision to let Lehman fail, on Sept. 14, may have delivered the White House to Obama.



Truth unfolds in time through a communal process.
by marco on Wed Oct 1st, 2008 at 03:02:25 AM EST
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Look at the volume traded: it's not the failure of Lehman but the bailout plan.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Wed Oct 1st, 2008 at 03:12:09 AM EST
[ Parent ]

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