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High tide for the Reagan revolution?

What does Bear-Stearns's collapse portend for the ideology of deregulation?

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Too gruesome?

“The consequences of Bear Stearns’ failing are simply too great to allow ourselves the moral satisfaction of watching the guilty and the greedy drown in their self-inflicted gore.”

From my Salon feature on the potential political and economic fallout from the ongoing extraordinary events rocking Wall Street, published today.

By Andrew Leonard

Andrew Leonard is a staff writer at Salon. On Twitter, @koxinga21.


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