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Smart re-regulation could boost US financial markets
By: Research Recap
Posted on February 16, 2010 at 09:38 AM EST
Guest Post by Oxford Analytica While the crisis of 2008 was self-evidently a market failure, in terms of the mis-pricing of certain assets (particularly property), it was also a regulatory failure in three key respects: Regulators did not adequately consider the possibility that the short-term credit market could collapse, threatening several major financial institutions with insolvency. This was [...]
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