With the U.S. economy on the ropes and esteemed financial institutions such as Bear Stearns Cos. and the Carlyle Group suffering major losses, policy makers are outdoing one another in the search for creative intensive care. The irony is that the latest research suggests that government policy makers started this mess in the first place.
Mr. Hyde put us in the hospital. Dr. Jekyll has met us at the operating table.
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Bloomberg.com: Opinion
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