Stephen King: Manias, panics and costly chain reactions

Story date: 2007-08-20 07:30:00
Added on: 2007-08-20 08:35:16

The Independent - Second, any explanation only works with the benefit of hindsight. Third, it's all too easy to make reassuring comparisons ... And, in recent years, we've had plenty of these, ranging from so-called sub-prime mortgages to collateralised debt obligations ...


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