Fwd: Responsibility for the Current Economic Collapse

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Subject: Responsibility for the Current Economic Collapse
Date: Tue, 17 Mar 2009 04:16:19 EDT

The British Prime Minister has made a statement that the Banks are responsible for the present crisis by lending too much. This is also my own analysis. It also causes great public offence that Banking Directors who have had to be bailed out have taken a very large bonus from public money. Responsible company directors such as those of Steriwave PLc. have taken a large salary cut.

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