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Alan Blinder: Five Years Later, Financial Lessons Not Learned

"Next Sunday marks the fifth anniversary of the fateful day that investment bank Lehman Brothers filed for bankruptcy, signaling the start of a frightening financial meltdown. It's a good time to ponder how the U.S. economy was nearly brought to ruin. But will we? Or are we already forgetting?

"Consider the stark historical contrast between the 1930s and this decade: