J.P. Morgan saves the day

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The economic crisis of 1907.

The night in Morgan's study also says some unkind things about the democratic process -- which, despite its reputation, often gets mired in a crisis. Rule by plutocrats arrives with certain risks. But absent from them is the risk of things not getting done.
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This page contains a single entry by E. A. Blair published on March 19, 2009 10:13 AM.

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