Why 1929 Depression Won't Happen

Tue, Sep 30th 2008, 12:00 AM

One expert says we're safe from another Great Depression, but not because we're smarter.

Bankruptcies, mergers, failures and foreclosures. Wall Street is up, Wall Street is down. Now, a $700,000,000,000 bailout plan aimed to prevent even further damage to the American economy. How did this happen and why didn't the financial regulators see it coming?


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