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“We will never be able to anticipate all discontinuities in financial markets.” He concluded: “It is important, indeed crucial, that any reforms in, and adjustments to, the structure of markets and regulation not inhibit our most reliable and effective safeguards against cumulative economic failure: market flexibility and open competition.”
Program Note: Every night CNN adds a new name to the list…
Watch AC360° tonight 10p ET.
CNN’s Tom Foreman reports.
Politicians have said ‘now is not the time to talk about blame for the financial collapse.’
Now IS the time to talk about blame. People deserve to know how we got into this mess. We’re naming names and holding The culprits of the collapse accountable. Every night we add a new name to our list… See who’s on it…
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BostonKayakGuy…The MetWest Scene Naming Names: Irrational Exuberance or Dirty Sexy Money? Naming Names: Anderson Cooper Exposes Culprits of Collapse CNN The Buzz Anderson Cooper 360 Blog
10. Joe Cassano, AIG
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