Monday, February 2, 2009

Elvis Has Left the Mountain

Op-Ed Columnist - Elvis Has Left the Mountain - NYTimes.com: "there is no magic bullet for this economic crisis, no magic bailout package, no magic stimulus. We have woven such a tangled financial mess with subprime mortgages wrapped in complex bonds and derivatives, pumped up with leverage, and then globalized to the far corners of the earth that, much as we want to think this will soon be over, that is highly unlikely."

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