About - Thursday 09 Sep, 2010
Banks, battles, and the psychology of overconfidence
The pace of economic decline appears to have slowed, but the labor market remains weak and, in response, the Federal Reserve is likely to maintain interest rates at "exceptionally low levels for extended periods,"
By Malcolm Gladwell in The New Yorker
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People - Friday, 10 July 2009
By Beat Balzli and Michaela Schiessl
William White predicted the approaching financial crisis years before 2007's subprime meltdown. But central bankers preferred to listen to his great rival Alan Greenspan instead, with devastating consequences for the global economy.(...)
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