Famed hedge fund manager Jimmy Rogers says otherwise, telling The Financial Times: "Letting Lehman fail was perhaps the only thing governments have done right during this whole drama."
The outspoken money manager goes on to say the 1998 rescue of Long Term Capital Management (LTCM) was the financial market equivalent of original sin and the resulting moral hazard led to "the madness of serial bubbles."
in www.businessinsider.com
