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Hypo Bank Rescue Fails, Threatening Lehman Scale Bankruptcy, Future of Euro [Peter's Tho

A must read – and if you want to be really scared read the first two comments.
It will be interesting to see who is still standing when the music stops. What is happening now in the financial markets is truly unprecedented and will be taught in business schools for years to come.
This is what happens when people get really, really greedy. Basically the difference between financial engineering and value creation.
It’s time people went to prison over this.
naked capitalism: Hypo Bank Rescue Fails, Threatening Lehman Scale Bankruptcy, Future of Euro
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