Rescued banks are returning to the 'casino-style speculation that brought us trouble in the first place'.
Have we learned nothing from the financial crisis of the past two years? Very little, it appears. Optimists say the markets are up and economic recovery is upon us. Bodies such as the Organisation for Economic Co-operation and Development are revising up their forecasts for world growth this year and next and assuming we are out of the woods.
More here: http://www.guardian.co.uk/business/2009/sep/07/financial-crisis-happen-again
Comments