The banking crisis (and who avoided it)

Interesting analysis (and commentary — it is Krugman after all) — on why some banks have failed and others have not. He doesn’t mention Tennessee, but it makes me wonder if the predatory lending laws passed in 2005 or so helped mitigate the banking crisis here.

http://www.nytimes.com/2010/04/12/opinion/12krugman.html

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Dansette

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