2009-07-28financialarmageddon.com

..., when Queen Elizabeth II starts asking questions about what went wrong, then it's not so easy for the experts -- at least those who live and work in the United Kingdom -- to ignore her or fob her off with a bogus response.

As it happens, their answers, as detailed by The Observer in "This Is How We Let the Credit Crunch Happen, Ma'am," acknowledge more professional culpability than I would have expected



Comments:

catherine at 20:12 2009-07-28 said:
"tells of the "psychology of denial" that gripped the financial and political world in the run-up to the crisis"

IN THE RUN-UP TO THE CRISIS :roll: .............

I think they are still doing the denial dance................ Permalink

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