ON THE FIFTH ANNIVERSARY OF THE LEHMAN BUST

Two BBC radio programs that are blunt and open about 2008. Far more blunt and open than they were in 2008!

http://www.bbc.co.uk/programmes/p01g94xb

This first one makes it clear that taxpayers now and for future generations are the ones who will be footing the bill for the “bail-outs”.

http://downloads.bbc.co.uk/podcasts/worldservice/bizdaily/bizdaily_20130913-0954a.mp3

In the second one there is a fantastic interview with Alistair Darling (from the 2:20 mark) I trusted him more than I trusted anyone else at the top in the UK or the US at the time. And this interview reinforces my assessment 5 years ago. He won’t win any friends in the US for his openness here.

– Keith Thomas