by Walden Bello
Saturday, Nov. 01, 2008 at 5:09 PM mbatko@lycos.com
1-3 trillion dollars worth of financial assets wiped out. The 0 billion bailout of banks' bad mortgaged-backed securities is not a strategy but mainly a desperate efrfort to shore up confidence in the system.
to read Walden Bello's article published 10/18/2008, click on