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Posted AT 6:00 AM EST on 17/09/08

Good riddance, Age of Finance

FABRICE TAYLOR

Globe and Mail Update

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You know the Age of Finance is over when central banks start accepting mystery meat as collateral. We're not quite there yet, but it's getting close. The Federal Reserve now lets knocked-kneed banks belly up to the teller window with crumpled common share certificates, which, as it happens, are sinking without a bubble because, in part, of what the Fed and regulators did or didn't do.

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