Monday, June 18, 2012

North America! Surely not.

G20 summit: Barroso blames eurozone crisis on US banks | World news | The Guardian

It is difficult for me to see how our Wall Street banks can't be blamed for tipping the global financial system over the edge and for demonstrating to the foreign banks how to do the dirty tricks.  However, other banks than the U.S. were guilty of overleveraging once they saw the amount of money to be made by using the unwise practices.

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