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Nine Economic Disasters That Didn’t Have to Happen

Wrong by Richard Grossman asks if leaders will ever learn that ideology isn’t an economic policy.

The subprime mortgage crisis created a club of billionaires, including hedge fund managers like Paulson & Co.’s John Paulson and Harbinger Capital Partners’ Philip Falcone, who were able to predict, time and execute upon the failing housing market. But what put them in a position to capitalize so enormously? The

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