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April 8, 2016

Mr. Krugman, Please Define “Not Necessarily That Big”

Lehman’s “Not So Big” $600,000,000,000(!) Balance Sheet “The 2008 financial crisis itself was centered not on big banks but on “shadow banks” like Lehman Brothers that weren’t necessarily that big.” –Paul Krugman, “Sanders Over the Edge”; The NYT (4/8/2016) No matter what you think of big banks or who caused The 2008 Crash, I think...
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