Sep 19, 2008

Jim Chanos on Wall Street's twisted version of capitalism

We seem to have capitalism on the upside and socialism on the downside. That's a pretty heady brew for country that holds itself out as a free market paragon.

~ Jim Chanos, "Short Sellers Under Fire in U.S., U.K. After Lehman, AIG Fall," Bloomberg, September 19, 2008, by Michael Tsang

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