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Author’s Letter to President Bush before crisis erupted


Following is the reproduction of  Author’s letter to the President Bush which was received by the White House on 08/25/2008 (August 25. 2008) warning him of the potential crisis about to explode and preventive measures to be taken on expediency basis. It was ignored, and the Financial Crisis started unfolding from third week of September with the cascading failure of Citigroup, AIG, Merrill Lynch, Lehman Brothers one by one. The rest is history.

QUOTE – AUTHOR’S LETTER TO THE PRESIDENT BUSH JUST BEFORE CRISIS.

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