Monday, January 26, 2009

socialism or barbarism

--Jan. 26, 2009—Lending drops at Big US banks. Top beneficiaries of federal cash saw outstanding loans decline 1.% last quarter. WSJ A1.

--Nationalization [of banks] gets a new, serious look. NYT A1

--“The capitalist myth is lovely and youthful. It kicked off the industrial revolution, but maybe we need a new one,” said Richard Olivier ... [who] will give a dinner talk on business leadership at Davos...WSJ A6

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