Friday, October 10, 2008

Worst of the Both World

Story 1:

http://www.npr.org/templates/story/story.php?storyId=89344381

http://www.guardian.co.uk/business/2008/sep/08/freddiemacandfanniemae.subprimecrisis


Story 2:

1) http://timesofindia.indiatimes.com/American_dream_ends_Indian_kills_family_self_in_LA/articleshow/3568703.cms


Wall st. privatizes the social profit and socialize the private loss, and business schools socialize the private profit and privatize the social loss; both are bad.