| 20.03.2009 Other Voices: ‘To Do’ list is getting longer |
| This article was authored by Mohamed El-Erian, chief executive of international bond funds house PIMCO. It was sent to Opalesque yesterday, and was originally published in the Financial Times on 16 March 2009. Today’s financial crisis is producing ever higher unemployment, investment losses, and home foreclosures. People now recognise that the unthinkable is thinkable, be it in the banking |