Tuesday, September 15, 2009

we need less government and less regulations , let the system clean up itself

When Somebody Fails, You Let Them Fail Jim Rogers on CNBC Sept. 14 2009



Jim Rogers, CEO of Rogers Holdings, told CNBC Monday that when Lehman Brothers failed he thought “thank goodness they’re finally letting somebody collapse.” He said that “when somebody fails, you let them fail,” and that former US Treasury Secretary Hank Paulson “should have let ten people go bankrupt.”












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