Failure at the Central Bank

Published: May 23, 2008, 4:04 p.m.

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For the last six decades, central bankers have run the international financial system with the aid of a powerful set of economic levers handed to them after the World War 2. Last year, these levers came off in their hands. In this two-part series Robert Peston examines how the former supermen of global financial economy became pathetic weaklings.

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