Monday, December 22, 2008

Financial Market ~ Ponzi Scheme?

One of my friends told me long ago that if I were to find the most corrupted industry in the world, investment banking would not be too off the mark.

I didn't understand fully the implication of that statement until today when I read Paul Krugman's simple essay.

So, should we pay extra special attention to ministers who came from investment banking background?

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