Former Lehman Brothers Banker Says Europe Needs a "Lehman Moment"

4 Jun

Reblogged from Observer:

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That means you, Greece.

Michael Tory, former head of U.K. investment banking at Lehman Brothers, just published an op-ed in the Financial Times suggesting that what European policymakers need most right now is not to pull the region's tenuous economy back from the ledge but to get down on their knees and take a good hard look into the darkness that awaits…

Read more… 333 more words

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