Saturday, September 19, 2009

It's Business as Usual Again for Wall Street's Casino Capitalists

By SPIEGEL Staff

One year after the bankruptcy of US investment bank Lehman Brothers, governments are divided over what lessons should be learned from the crisis. But the more the economy recovers, the less desire there is to implement radical reforms -- and many bankers have already returned to their old casino capitalism ways.

Everything moves faster on Wall Street, whether it's winning, losing -- or forgetting.

On New York's Seventh Avenue, between 49th Street and 50th Street, there is no evidence today to suggest that this is where the investment bank Lehman Brothers had its offices until a year ago.

http://www.spiegel.de/international/business/0,1518,649430,00.html

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