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Commentary :: Globalization

Who Would Lend an American Bank Money These Days?

The US government's refusal to bail out Lehman Brothers could herald the beginning of a painful but overdue flushing out of the financial sector. By letting lehmans collapse, German commentators argue, Washington is giving banks a choice: Clean up your own mess of go under.
to read the article published in: Spiegel, 9/16/2008, click on
www.spiegel.de/international/business/0,1518,578447,00.html
 
 

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