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There is little evidence that deregulation or banks' compensation practices caused the financial crisis.
At this AEI book forum, Jeffrey Friedman will present his book’s arguments, followed by comments from AEI’s Peter Wallison and Alex Pollock and a general discussion.
We have to face a key reality: Well-intentioned but disastrous mistakes are made by very intelligent, well-educated, highly informed people, backed by vast computing power and reams of data, but wrong nonetheless.
View video of Panel III: Bailouts, Competition, and Moral Hazard at http://www.aei.org/video/101302.
View video of Panel IV: Regulating Financial Institutions in a Global Economy online at http://www.aei.org/video/101303.
View video of Panel III: Bailouts, Competition, and Moral Hazard at http://www.aei.org/video/101302.
View video of Panel IV: Regulating Financial Institutions in a Global Economy online at http://www.aei.org/video/101303.
View video of Panel III: Bailouts, Competition, and Moral Hazard at http://www.aei.org/video/101302.
View video of Panel IV: Regulating Financial Institutions in a Global Economy online at http://www.aei.org/video/101303.
The Transatlantic Law Forum, a joint initiative of the American Enterprise Institute and the Council on Public Policy, will explore the institutional and legal dimensions of the financial crisis at its 2010 annual conference.
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