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Capitalism's beneficiaries must compete in reworked market
President-elect Barack Obama will soon face the extraordinary task of saving capitalism from its own excesses, much as Franklin D. Roosevelt had to do 76 years ago.
The new president's team must get to the root causes of the mistakes that have brought us to the economic precipice. The explosion of leverage, the failure to regulate derivatives, the flood of subprime lending and the excesses...
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