Tag Archives: This American Life

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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Assorted financial crisis news and analysis

The US radio show This American Life has an informative show on how non-transparent couplings between credit default swaps allowed caused the contagion that was critical to the financial crisis – Another Frightening Show About the Economy. You can listen … Continue reading

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