Thursday, July 4, 2019

Christine Lagarde's 'Lehman Sisters' principle

Christine Lagarde, who has been nominated to be the next President of the European Central Bank, once said that had it been Lehman Sisters rather than Lehman Brothers there may never have been a worldwide recession.

Imagine how healthy the Catholic Church could be today if Largarde's Lehman principle applied.

It is embarrassing.

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