From Daniel Loeb's poison pen: Many people see the subprime collapse and bank bailouts as...

|By:, SA News Editor

From Daniel Loeb's poison pen: Many people see the subprime collapse and bank bailouts as "failures of capitalism rather than a result of a vile stew of inept management, unaccountable boards of directors and overmatched regulators not just asleep, but comatose, at the proverbial switch... It is easy to see why so many people have concluded that the entire system is rigged."