[lbo-talk] EU opens Northern Rock investigation

Doug Henwood dhenwood at panix.com
Wed Apr 2 16:38:04 PDT 2008


On Apr 2, 2008, at 7:24 PM, Shane Taylor wrote:
> Seth also noted the crucial difference between the
> Nordic case and ours, but just how like Japan then is
> the US now?

We have a lot of financial institutions with a lot of shitty assets on their books. You can't see the future, of course, but the risks of doing nothing are pretty high.



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