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Tag Archives: looting
Burning and Looting
What caused the financial crisis? Was the it the models, the expectations, correlated risks, non-transparency, dangerous financial innovation, or weak regulations? It was probably all of the above, but recently it has become clear that the banks caused it as … Continue reading
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Tagged Akerlof, financial crisis, goldman sachs, Iceland, John Paulson, krugman, looting, Magnetar, pro publica, Romer, S&L, This American Life, Thorvaldur Gylfason
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