America’s election faultline, Godfrey Hodgson

Wall Street has collapsed. Its fourth biggest investment bank, the 158-year-old Lehman Brothers, has collapsed, its shiny building bought at a knock-down price by the red coats from Barclays. Merrill Lynch, the thundering herd of people's capitalism, has been bought by Bank of America in a fire-sale. Godfrey Hodgson was director of the Reuters' Foundation Programme at Oxford University, and before that the... [read full story]                    

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