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Right, from January 3 2010.

Banken: Blindflug ins Desaster - SPIEGEL ONLINE - Nachrichten - WirtschaftBanks: flying blindly into disaster - Spiegel Online - News - Economy
Wer haftet für das Fiasko der Banken, an denen der Staat beteiligt ist? Nur die Manager, die Milliarden mit hochspekulativen Anlagen verzockten, oder auch die Politiker in den Aufsichtsgremien, die ebenso skrupel- wie ahnungslos alles abnickten?Who is responsible for the Banking fiasco the State is involved in? Only the managers who botched highly speculative investments, or also the politicians in the supervisory institutions, who were both clueless and unscrupulous in nodding off on everything?


Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman
by Migeru (migeru at eurotrib dot com) on Thu Jan 27th, 2011 at 06:00:59 AM EST
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