Today, October 11, we’ve been organizing our thoughts about the ongoing financial crisis. We’ll have more to say about ways to remedy the immediate crisis, but this post contains a specific recommendation for when the crisis ends, which today may seem to be far, far off. We’re sure that–whether justified or not–many laws and regulations will be revised and toughened, and this should be one of them.
We make this recommendation because from our experience and from the inferences that we’ve made about firms throughout this crisis, it seems that… Read the rest
