Even the Smart Guys Don’t Understand the Meltdown

Is the banking bailout a genuine cure or an empty ritual?

Published Oct. 7 2008 11:31AM EDT

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The Washington response to the Wall Street financial crisis has been uncomfortably reminiscent of medieval villagers dancing in the town square to wish away an eclipse of the sun.

David Rothkopf

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Even the Smart Guys Don’t Understand the Meltdown

Is the banking bailout a genuine cure or an empty ritual?

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David Rothkopf