200903240616新閒：US unveils $1tn toxic asset plan
200902251417Why is fincance so unstable (轉譯The Economist)
Why is finance so unstable?
WHEN people look back on a bubble, they tend to blame the mess on crookery, greed and the collective insanity of others. What else but madness could explain all those overpriced Dutch tulips? With hindsight, today’s mortgage disaster seems ridiculously simple. Wasn’t it the fault of barely legal mortgage underwriting, overpaid investment bankers a