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Opportunity in financial crisis
 
Financial regulators were not equipped to see the risk concentrations and flawed incentives behind the financial innovation boom. Neither market discipline nor regulation were able to contain the risks resulting from rapid innovation and increased leverage, which had been building for years. Policymakers failed to sufficiently take into account growing macroeconomic imbalances that contributed to the buildup of systemic risks in the financial system and in housing markets.
 
May 27, 2012 - khaleejtimes.com
Opportunity in financial crisis
R. Seetharaman
 
 
 
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