The president's chief of staff famously says never to waste a crisis. Roger Ehrenberg says that's exactly what happened as Wall Street's weakness - super-leveraged capital structure and reliance on overnight lending - was exposed. "Where we are left today, dear taxpayer, is a lot poorer. Unless you are a major shareholder and/or bonusable employee of Goldman Sachs."
The president's chief of staff famously says never to waste a crisis. Roger Ehrenberg says...
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