What lessons were learned from last year’s near economic collapse?

Posted Sept. 15, 2009, at 9:22 a.m.

A year ago, the nation’s economy teetered on the brink of depression, and several large banks and brokerage firms were either stabilized with federal money, purchased by competitors or allowed to go out of business. Could it happen again? Under what

conditions? Do you believe the situation was as dire as then-President George Bush and his economic team reported? When the economy improves, will investors again persuade Congress and the president to ease regulations to allow for great gains? Or will President

Barack Obama succeed in remaking the investor segment of the economy?

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