The End Of American Capitalism?

News Type: Opinion — Seeded on Fri Oct 10, 2008 5:03 AM EDT "The worst financial crisis since the Great Depression is claiming another casualty: American-style capitalism. Since the 1930s, U.S. banks were the flagships of American economic might, and emulation by other nations of the fiercely free-market financial system in the United States was expected and encouraged. But the market turmoil that is draining the nation's wealth and has upended Wall Street now threatens to put... [read full story]