Financial Times FT.com

Successful bank rescue still far away

By Martin Wolf

Published: March 24 2009 19:24 | Last updated: March 24 2009 19:24

Pinn illustration

I am becoming ever more worried. I never expected much from the Europeans or the Japanese. But I did expect the US, under a popular new president, to be more decisive than it has been. Instead, the Congress is indulging in a populist frenzy; and the administration is hoping for the best.

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