August 2024
Intermediate to advanced
282 pages
10h 58m
English
Content preview from The Human Constraint
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Chapter 22Aftershocks
January 3, 2010
The Federal Reserve Chairman, Ben S. Bernanke, gave a strong speech in which he stated that it was lack of regulatory oversight that was responsible for the housing bubble and subsequent financial crisis of the last decade, not low interest rates.
January 13, 2010
The leaders of four big Wall Street banks, in particular Lloyd C. Blankfein of Goldman Sachs, underwent a grilling from the Financial Crisis Inquiry Commission in Washington that was set up by Congress to establish the causes of what went wrong on Wall Street.
February 13, 2010
Wall Street tactics made the financial crisis worse by enabling European governments to hide their increasing debts.
Milan, February 2010 ...
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