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- bradspangler, on 09/25/2008, -0/+2The crisis is a result of an excess of credit issuance by the central bank creating malinvestment, not deregulation (which is precisely why the bailout will make the situation worse -- more of the same).
accuracy.org — analysis by Edward Herman, professor emeritus of finance at the Wharton School at the University of Pennsylvania, and Lewis Pitts, a public interest lawyer in North Carolina and a member of the Program on Corporations, Law & Democracy.