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‘When Somebody Fails, You Let Them Fail’

Mon 14 Sep 09 | 04:00 AM ET
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.”

Topics:

Analyst  | Earnings Central  | Economy (U.S.)  | Europe (West)  | Investment Strategy  | Politics and Government  | Treasuries  | Wall Street Banks

Sectors:

 | Financial Services
 
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