Economics @ ITT

Financial Crisis Was Avoidable, Inquiry Concludes

Posted in economics, macroeconomics, Policy Issues, Regulation by ittecon on January 26, 2011

The 2008 financial crisis was an “avoidable” disaster caused by widespread failures in government regulation, corporate mismanagement and heedless risk-taking by Wall Street, according to the conclusions of a federal inquiry.

via Financial Crisis Was Avoidable, Inquiry Concludes – NYTimes.com.

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