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Mar. 30th, 2009 06:25 amOp-Ed Columnist
America the Tarnished
By PAUL KRUGMAN
Published: March 29, 2009
America the Tarnished
By PAUL KRUGMAN
Published: March 29, 2009
Ten years ago the cover of Time magazine featured Robert Rubin, then Treasury secretary, Alan Greenspan, then chairman of the Federal Reserve, and Lawrence Summers, then deputy Treasury secretary. Time dubbed the three “the committee to save the world,” crediting them with leading the global financial system through a crisis that seemed terrifying at the time, although it was a small blip compared with what we’re going through now. More