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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (450753)1/25/2009 7:57:49 PM
From: combjelly  Read Replies (1) of 1574493
 
"It seems no one realized how far Lehman's tentacles reached in the global economy."

Correct.

The problem is, there are few alternatives other than to reward people for their failures.

It is the "moral hazard" thing. If they are too big to fail, then they can make risky investments without suffering the downside.
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