Some Math Will Be Required

Take Barry Ritholtz’s final essay exam on the financial crisis!

I would add one question to the exam: what can you infer about the intent of regulators including the Federal Reserve chairman and governors, the Secretaries of the Treasury, Congress and so on from their actions during and after the crisis?

1 comment… add one
  • john personna Link

    what can you infer about the intent of regulators including the Federal Reserve chairman and governors, the Secretaries of the Treasury, Congress and so on from their actions during and after the crisis?

    It’s easy to observe that they wanted to preserve institutions, public and private, with minimal change. Stuff them back full of cash, and begin again.

    It’s harder to guess how guilty they felt about that.

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