2007-08-17 18:08:27.011759+02 by Dan Lyke 0 comments
The Economist: Banks in trouble - the game is up:
THE old-fashioned financial system was like Old Maid, a parlour game once beloved of small children. The banks were like players, dealt hands from a pack of cards, which they swapped among each other. At the end, one player was left holding a lonely queen-a bad debt, if you will-and lost.
[ related topics: Games Economics ]
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