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IPFS News Link • Economy - International

Let banks fail, says Nobel economist Joseph Stiglitz

2-2-09 • telegraph.co.uk/finance/

The Government should allow every distressed bank to go bankrupt and set up a fresh banking system under temporary state control rather than cripple the country by propping up a corrupt edifice, according to Joseph Stiglitz, the Nobel Prize-winning e

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Reported By Jack Gregson

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