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â??When Somebody Fails, You Let Them Failâ??

Monday, 14 Sep 2009 | 4:00 AM ET

Jim Rogers, CEO of Rogers Holdings, told CNBC Monday that when Lehman Brothers failed he thought â??thank goodness theyâ??re finally letting somebody collapse.â? He said that â??when somebody fails, you let them fail,â? and that former US Treasury Secretary Hank Paulson â??should have let ten people go bankrupt.â?