Who Would Lend an American Bank Money These Days?

by David Crossland Thursday, Sep. 18, 2008 at 11:43 AM
mbatko@lycos.com

The US government's refusal to bail out Lehman Brothers could herald the beginning of a painful but overdue flushing out of the financial sector. By letting Lehmans collapse German commentators argue, Washington is giving banks a choice: Clean up your own mess or go under.

to read the article published in: Spiegel, 9/16/2008, click on
http://chicago.indymedia.org/newswire/display/83844/index.php