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Friday, December 24, 2010

WHAT FINANCIAL CRISIS?

"Leading US economist Nouriel Roubini has bought a $5.5m flat in New York. Mr Roubini, who predicted the global financial crisis, took out a $2.99m mortgage to buy the Manhattan property, according to New York City Department of Finance records. The "sun-blasted" apartment atop a former steel warehouse is a 3,700 sq ft triplex penthouse, according to listings website StreetEasy.com." (Daily Telegraph, 17 December) RD

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