| 23.01.2009 Other Voices: We have to bring the banking sector back to life |
| This article, which was sent to Opalesque today, was authored by PIMCO’s CEO Mohamed El-Erian and originally published in the Financial Times on January 20, 2009. There was a time when US banks were like the high-priced properties on a Monopoly board: expensive to buy yet very profitable, especially once you added houses and hotels. This is no longer the case. Banks increasingly resemble th |