10 Reasons Behind the Financial Crisis

A great article in the WSJ last week: Thomas, Hennessey and Holtz-Eakin: What Caused the Financial Crisis? It really captures a broader scope of the financial crisis and the multiple layers involved. They site 10 culminating actions that together created the fiasco we are still in the midst of today. Once again I stress the importance of foresight, versus hindsight. Ideally we can learn from this, but that does not necessarily involve more regulations or bureaucratic red tape! Sometimes we need to fail and accept the consequences, before we succeed.

This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s